Funding Round · Crypto / Stablecoin · 2024

LAVA raises $11M for African Web3 startups

LAVA raised $11M Fund raise led by Coinbase, Paradigm, Figma, Notion, Polygon, Celo, Base, Centrifuge, Huobi, Nonce, TADA on January 1, 2024.

Primary
LAVA
Counterparty
Coinbase, Paradigm, Figma, Notion, Polygon, Celo, Base, Centrifuge, Huobi, Nonce, TADA
Amount
$11M
Structure
Fund raise
Date
January 1, 2024
Sub-sector
Crypto / Stablecoin

Early-stage Web3 fund backing African crypto startups building stablecoins, payments infrastructure, and digital identity solutions across the continent.

Primary company
LAVA
Amount
$11M
Event date
January 1, 2024
Sub-sector
Crypto / Stablecoin
HQ
Not disclosed
Structure
Fund raise
Source published
July 13, 2026
Publisher
TechCabal

Source: techcabal.com