# Cascador

> Cascador is a VC fund in Lekki backing Agriculture, Internet and Renewable Energy. See 27 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lekki, Nigeria
- Total investments: 27
- Last investment: Jun 2026
- Lead investor: 81%
- Last updated: Aug 2026
- Website: https://cascador.org/

Cascador is a transformative program for mid-stage entrepreneurs in Africa who are scaling mission-driven companies.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $15k–$115k |
| Debt Financing | $146k–$1.8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Agriculture | 4 | 15% |
| Internet | 3 | 11% |
| Renewable Energy | 3 | 11% |
| Financial Services | 3 | 11% |
| FinTech | 2 | 7% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 13 | 48% |
| Seed | 9 | 33% |
| Grant | 3 | 11% |
| Venture - Series Unknown | 2 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 16 | 59% |
| France | 1 | 4% |
| United States | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Koolboks | Koolboks manufactures solar-powered freezers and other refrigeration units. The products are designed to keep items cool and preserved without the need for a continuous power source. The company's product line includes freezers, chillers, ice makers, and specialized vaccine freezers. | $1.5M | Debt Financing | Jun 05, 2026 |  |
| Stears | Stears is a data and intelligence company with its headquarters spanning Lagos, Abuja, and London. Initially established as a media publication called Stears Business, the company was founded in 2017 by Preston Ideh, Abdul Abdulrahim, Foluso Ogunlana, and Michael Famoroti, who met at the London School of Economics and Imperial College in the UnitedKingdom. Stears has evolved into a provider of subscription-based comprehensive data collection tools and insight services tailored to meet the needs of businesses and professionals operating or investing in Africa. The company's mission is to become the world's most trusted source of African data, insight and data collection tools for businesses, financial and policy professionals. | $450K | Venture - Series Unknown | Jun 04, 2026 |  |
| Powerstove Energy | Powerstove Energy, which uses advanced technology to deliver a superior smokeless, IoT-enabled cookstove that generates electricity. | $1.3M | Debt Financing | Jun 03, 2026 |  |
| First Electric | First Electric offers electric power solutions to ensure customers have access to electric power at the lowest cost. They provide bespoke automation solutions as well as automation products and services to meet the needs of their customers. They are also involved in electric vehicle services such as charging stations and electric vehicle serviceworkshops. | $365.8K | Debt Financing | Jun 03, 2026 |  |
| Agriarche | AGRIARCHE LIMITED is an agriculture technology company focused on enhancing the efficiency of the agricultural sector through digital solutions. It aims to empower farmers and other stakeholders in the agricultural ecosystem by providing tools for data-driven decision-making. The company specializes in digitizing commodity trading and payments,thereby transforming grains into cash for farmers. AGRIARCHE LIMITED is committed to bringing transparency to the agriculture supply chain by offering logistics tracking from start to finish, and providing clear transaction and credit history. By connecting aggregators, the company simplifies the flow of food, information, and payments within the agriculture sector. | $1.8M | Debt Financing | Jun 03, 2026 |  |
| Indigenius AI | CDIAL develops conversational AI tailored for African languages, enhancing communication and understanding through localized technology solutions. | $250K | Venture - Series Unknown | Jun 03, 2026 |  |
| Fortics Lifecare | Fortics Lifegroup is a healthcare holding company developing existing healthcare assets into world-class health facilities. | $146.3K | Debt Financing | Jun 03, 2026 |  |
| D-Olivette | D-Olivette provides a decentralized energy solution for rural communities through products that convert organic waste into biogas and fertilizer. | $115K | Grant | Aug 03, 2025 |  |
| Promise Point | Promise Point is a woman-led agribusiness in southwestern Nigeria’s Ekiti State that operates a fully automated cassava processing facility on over 1,500 hectares of its own farmland and partners with more than 2,000 smallholder farmers. The company specializes in producing high-quality cassava starch and bio-fortified gari, supplying bothmultinationals and local markets, and guarantees market access and inclusive value chain benefits for smallholders. | $85K | Grant | Aug 03, 2025 |  |
| FriendnPal | FriendnPal is Africa's first predictive AI-powered mental health platform that provides 24-hour anonymous emotional support through an AI companion. It offers personalized mental health support with features such as virtual therapy and multilingual accessibility. | $15K | Grant | Aug 03, 2025 |  |

10 of 27 investments shown.

## Co-investors
- [NSIA Prize for Innovation](https://shizune.co/investors/profile/nsia-prize-for-innovation) — VC Fund, 2 deals together
- [HoaQ](https://shizune.co/investors/profile/hoaq) — VC Fund, 1 deal together
- [Luminate Group](https://shizune.co/investors/profile/luminate-group) — VC Fund, 1 deal together
- [MaC Venture Capital](https://shizune.co/investors/profile/mac-venture-capital) — VC Fund, 1 deal together
- [Melo7 Tech Partners](https://shizune.co/investors/profile/melo7-tech-partners-llc) — VC Fund, 1 deal together
- [Serena Ventures](https://shizune.co/investors/profile/serena-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

### Similar country
- [Ventures Platform](https://shizune.co/investors/profile/ventures-platform) — VC Fund
- [Microtraction](https://shizune.co/investors/profile/microtraction) — VC Fund
- [LoftyInc Capital](https://shizune.co/investors/profile/loftyinc-capital-management) — VC Fund

## Featured in investor lists
- [All Investors in Nigeria](https://shizune.co/investors/investors-nigeria)
- [All VC Funds in Nigeria](https://shizune.co/investors/vc-funds-nigeria)
- [Enterprise Investors in Nigeria](https://shizune.co/investors/enterprise-investors-nigeria)
- [Enterprise VC Funds in Nigeria](https://shizune.co/investors/enterprise-vc-funds-nigeria)
- [SaaS VC Funds in Nigeria](https://shizune.co/investors/saas-vc-funds-nigeria)
- [SaaS Investors in Nigeria](https://shizune.co/investors/saas-investors-nigeria)

## FAQ

### What does Cascador invest in?

Cascador invests primarily in Agriculture, Internet and Renewable Energy startups, most often at Debt Financing and Seed stage. Most of the 27 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Cascador's check size?

Cascador typically joins rounds of $15k–$115k at Grant and $146k–$1.8M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Cascador participates in.

### When did Cascador last invest?

The most recent investment recorded for Cascador closed in Jun 2026. Shizune tracks 27 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co