# Cassava Technologies funding: rounds and investors

> Cassava Technologies has raised $90M across 2 rounds since 2024. Investors include Google, International Finance Corporation and NVIDIA.

Source: https://millionrounds.com/company/cassava-technologies (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Cassava Technologies*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Funding summary Updated 5 Nov 2026

**$90M** raised across 2 rounds since 2024, from 2 sources

- **Latest round:** Venture Oct 2025
- **Biggest round:** $90M Growth · Dec 2024
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$90M** Growth

**?** Venture

- **First round:** Growth, $90M
- **Biggest round:** $90M
- **Between rounds:** 9 months

## The rounds

- **Oct 2025** Venture **Amount undisclosed** *3 new* *1 returning* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [NVIDIA](https://millionrounds.com/fund/nvidia) [Google](https://millionrounds.com/fund/google-assistant-investments) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Source recorded
- **Dec 2024** Growth **$90M** *3 new* [Google](https://millionrounds.com/fund/google-assistant-investments) [Finnfund](https://millionrounds.com/fund/finnfund) [International Development Finance Corporation (DFC)](https://millionrounds.com/fund/international-development-finance-corporation-dfc) Reported by TechCrunch

## Founders and team

From Cassava Technologies's own website: 1 founder, 4 on the team.

**Strive Masiyiwa** Founder & Executive Chairman

- **Hardy Pemhiwa** President & Group Chief Executive Officer
- **Nic Rudnick** Group CEO Liquid Intelligent Technologies
- **Stephane Duproz** CEO Africa Data Centres
- **Tracy Mpofu** Group CFO

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Growth** 2024 **Venture** 2025 [Google](https://millionrounds.com/fund/google-assistant-investments) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [NVIDIA](https://millionrounds.com/fund/nvidia) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [Finnfund](https://millionrounds.com/fund/finnfund) [International Development Finance Corporation (DFC)](https://millionrounds.com/fund/international-development-finance-corporation-dfc)

## Everyone who backed them

[Google](https://millionrounds.com/fund/google-assistant-investments) Accelerator **2** rounds

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **1** round

[Finnfund](https://millionrounds.com/fund/finnfund) Government **1** round

[International Development Finance Corporation (DFC)](https://millionrounds.com/fund/international-development-finance-corporation-dfc) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cassava-technologies).

## Quick answers about Cassava Technologies

### Who invested in Cassava Technologies?

Cassava Technologies's investors include Google, International Finance Corporation, NVIDIA, British International Investment and Finnfund, and 1 more on record.

### How much has Cassava Technologies raised?

Cassava Technologies has raised $90M across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor.

### When did Cassava Technologies last raise?

Cassava Technologies's most recent round was a Venture in Oct 2025.

### What was Cassava Technologies's biggest round?

Cassava Technologies's largest round on record is $90M (Growth), in Dec 2024.

### Who backed Cassava Technologies first?

Cassava Technologies's first round on record, in Dec 2024, was backed by Google, Finnfund and International Development Finance Corporation (DFC).

### What stage is Cassava Technologies at?

Cassava Technologies's latest named round is a Venture, in Oct 2025.

### Where is Cassava Technologies based?

Cassava Technologies is based in South Africa.

## Companies like Cassava Technologies

In the same sector, and raised in the last eighteen months.

[**HealthLeap** $38M · Oct 2026](https://millionrounds.com/company/healthleap)[**Tennsa** $61K · Aug 2026](https://millionrounds.com/company/tennsa)[**Shiprazor** $2.6M · May 2026](https://millionrounds.com/company/shiprazor)[**AI Diagnostics** $5.2M · Apr 2026](https://millionrounds.com/company/ai-diagnostics)[**Lula** $85M · Feb 2026](https://millionrounds.com/company/lula)[**Plentify** Nov 2025](https://millionrounds.com/company/plentify)

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