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Gaming Series A Founded 2022

Jambo

Jambo Technology builds mobile infrastructure for the on-chain economy, designed to make blockchain technology accessible to users across emerging markets. The company's flagship product is the JamboPhone, a blockchain-enabled smartphone featuring a built-in native wallet with multi-chain support for seamless DeFi access, hardware security with biometric authentication and secure element protection, and optimization…

📍 Cape Town, South Africa · PC & Console Gaming,

Funding snapshot

Last roundSeries A
Amount$30M
Date10 May 2022
Total raised$38M
Team size118

About

Jambo Technology builds mobile infrastructure for the on-chain economy, designed to make blockchain technology accessible to users across emerging markets. The company's flagship product is the JamboPhone, a blockchain-enabled smartphone featuring a built-in native wallet with multi-chain support for seamless DeFi access, hardware security with biometric authentication and secure element protection, and optimization for on-chain applications with instant transaction processing. The JamboPhone works in 128+ countries with local carrier partnerships and global roaming. Jambo has achieved significant traction with over 1 million JamboPhones sold across 128 countries, 11 million+ active wallets created, and 60+ ecosystem partners. The company has established strategic partnerships with Coinbase (providing mobile devices and onchain services in Africa, Asia, and South America), Solana and Tether (expanding financial inclusion), and OKX (accelerating crypto adoption globally). The Jambo ecosystem includes an AI-powered assistant called Jarvis, a DApp store with games and digital experiences, and gamified quest-based earning capabilities. Founded in 2022 and headquartered in Cape Town, South Africa, Jambo has raised $37.5M in Series A funding led by Paradigm with participation from Pantera Capital, Delphi Ventures, Kingsway Capital, Gemini, ParaFi, Coinbase, Tiger Global Management, and Brevan Howard.

Business model

Blockchain Infrastructure > Blockchain Network > Games,

PC & Console Gaming > Blockchain Games > NFTs

Institutional investors

Paradigm Pantera Capital Delphi Ventures Kingsway Capital Gemini ParaFi Graticule Asset Management Asia Shima Capital Morningstar Ventures Brevan Howard Coinbase Three Arrows Capital Alameda Research Polygon Studios Alliance DAO

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