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Cassava Technologies secures significant funding from NVIDIA to build Africa's first AI factory and enhance digital services across the continent.

PRIVATEOct 24, 2025

Amount Raised

$720 Million

Round Type

Funding Round

LondonInformation TechnologyArtificial IntelligenceCyber Securityinformation technology & services

Investors

Royal Bafokeng HoldingsPublic Investment CorporationInternational Finance CorporationGoogle LLCGateway CapitalFund For Export Development In AfricaFinnfundBritish International InvestmentEconet GroupNvidia

Description

Cassava Technologies has secured an investment from NVIDIA to drive its ambitious plan for building Africa's first AI factory. The initiative involves deploying 12,000 NVIDIA GPUs across multiple African countries over the next few years. This funding marks a significant milestone for Cassava as it seeks to bridge the digital divide in the region. With a robust portfolio, Cassava is positioned as a leading technology provider in Africa.

Quick answer

Cassava Technologies raised $720 Million in a Funding Round round, dated October 24, 2025. Investors: Royal Bafokeng Holdings, Public Investment Corporation, International Finance Corporation, Google LLC, Gateway Capital, Fund For Export Development In Africa, Finnfund and British International Investment. Cassava Technologies is based in London, England, United Kingdom.

How much did Cassava Technologies raise?
Cassava Technologies raised $720 Million in a Funding Round round on October 24, 2025.
Who invested in Cassava Technologies?
Royal Bafokeng Holdings, Public Investment Corporation, International Finance Corporation, Google LLC, Gateway Capital, Fund For Export Development In Africa, Finnfund and British International Investment are named as investors in this round.
What does Cassava Technologies do?
Cassava Technologies is a global technology leader of African heritage providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation.
Where is Cassava Technologies based and how big is it?
Cassava Technologies is based in London, England, United Kingdom. Fundz records about 82 employees.
Who are the decision-makers at Cassava Technologies?
Fundz holds 2 contacts at Cassava Technologies, including the Group COO & Global Head of AI | CEO, Cassava AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Cyber Security and information technology & services around the same time

Companies in the same sectors as Cassava Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Bricklayer AI raised $5M (Seed) on October 22, 2025.
  • Daylight raised $75M (Funding Round) on October 16, 2025.
  • Belfort raised $6M (Seed) on September 24, 2025.
  • Swarmer raised $12M on September 22, 2025.
  • Irregular raised $80M (Funding Round) on September 17, 2025.
  • Swarmer raised $15M (Series A) on September 16, 2025.

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Company Information

Company

Cassava Technologies

Location

6 New Street Square

London, England, United Kingdom

About

Cassava Technologies is a global technology leader of African heritage providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Headquartered in the UK, Cassava has a presence across Africa, the Middle East, Latin America and the United States of America. Through its business units, namely, Cassava AI, Liquid Intelligent Technologies, Liquid Cloud and Cyber Security, Africa Data Centres, and Sasai Fintech, the company provides its customers’ products and services in 94 countries. These solutions drive the company’s ambition of establishing itself as a leading global technology company of African heritage.

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Related People

2 contacts
Verified contactsAhmed B., Group COO & Global Head of AI | CEO, Ca… hidden hiddenSee plans and pricing
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Cassava Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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