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A Saudi industrial giant partnering with Terra Industries to launch a manufacturing hub.
News published about AIC Steel

Terra now valued at over $100 million, as it extends funding to $34 million
Techpoint Africa - Feb 16, 2026
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Terra Industries raised an additional $22 million, bringing total funding to $34 million. The funding round was led by Lux Capital and included participation from notable investors like Jared Leto.

African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month
TechCrunch - Feb 16, 2026
Terra Industries raised an additional $22 million in funding led by Lux Capital. The company aims to build Africa's first defense prime to protect critical infrastructure from armed attacks.
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