A venture capital firm investing in emerging technologies and innovative startups.
Terra Industries to build Africa’s largest drone factory in Ghana
Terra Industries announced the construction of Pax-2, a 34,000-square-foot drone manufacturing facility in Accra, Ghana. The factory is expected to reach an annual production capacity of 50,000 units by 2028 and create 120 engineering jobs.
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.
Defense Tech Startup Terra Industries Hits $34M With Funding Extension
Terra Industries extended its funding round by $22 million, raising a total of $34 million. The funding round was led by Lux Capital and completed in less than two weeks, indicating strong investor confidence.
African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month
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.
