A defense company focused on protecting critical infrastructure in Africa through autonomous systems and advanced technology.
Terra’s drones will now come with weapons as it begins building combat ready systems for the Nigerian military
Terra Industries is developing combat-ready drones for the Nigerian military. The drones will be equipped with machine guns and rocket launchers.
African startup funding hits $575M in early 2026 as logistics and energy gain ground
African startups raised $575 million across 58 deals in January and February 2026. Fintech led funding in January 2026 with $131.6 million, driven by major rounds from Egypt’s ValU and NowPay.
African Startups Raised $272 Million in February 2026
Forty startups across Africa raised more than $272 million in funding in February 2026. The February total represents an increase from $174 million raised in January 2026.
Nigerian Defense Tech Startup Terra Industries Raises $22M Extension Round, Total Funding Reaches $34M
Terra Industries raised an additional $22 million in funding led by Lux Capital. The funding round was completed in under two weeks, following an earlier $11.75 million round.
Defence-tech startup Terra Industries raises $22 million one month after record round
Terra Industries raised an additional $22 million in funding, led by Lux Capital. The funding round was completed in under two weeks, which is unusually fast for African startups.
