Browsing: Terra

It turns out that it’s not only U.S. and European companies pushing the concept of autonomous warfare. Nigeria-based Terra Industries is a defense technology startup that develops automated security systems for governments and infrastructure operators, and it has just raised $52 million.

African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed round to $52 million. Investors in the round include Joe Lonsdale’s 8VC, Silent Ventures, and Nova Global. 

Terra Industries just closed one of Africa’s largest-ever seed rounds. The defense tech startup announced an additional $18 million in funding today, bringing its total seed to $52 million – a staggering amount for early-stage capital in emerging markets. The round signals growing investor appetite for defense infrastructure in the Global South, a sector that’s…

Continued execution across commercial development, licensing, supply-chain readiness and FOAK deployment planning