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Home / Business and Economy / Africa's Defense Revolution: $11.75M Boost

Africa's Defense Revolution: $11.75M Boost

12 Jan

•

Summary

  • Terra Industries secured $11.75 million to build Africa's first defense prime.
  • The company develops autonomous systems to combat terrorism and insecurity.
  • Terra aims to protect Africa's critical infrastructure and resources.
Africa's Defense Revolution: $11.75M Boost

Terra Industries, co-founded by Nathan Nwachuku and Maxwell Maduka, has announced a $11.75 million funding round, signaling a significant push into Africa's defense sector. The company's mission is to build the continent's first prime defense contractor, developing autonomous systems and infrastructure to combat growing threats like terrorism and insecurity. This initiative aims to safeguard Africa's critical resources and infrastructure.

The defense startup employs a multi-domain approach, developing drones for air surveillance, and ground drones and towers for terrestrial monitoring. While maritime technology is still under development, Terra's proprietary ArtemisOS software is central to its operations, enabling real-time data analysis and threat detection. The company emphasizes the need for sovereign intelligence, reducing reliance on external powers for defense data.

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With a team boasting military experience and strategic advisors, Terra Industries is poised for expansion. The new capital will fund factory growth across Africa, software enhancement, and AI team expansion, with new software offices planned in San Francisco and London. Manufacturing, however, will remain on the continent to foster job creation and self-sufficiency in defense.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Terra Industries is a defense company focused on building Africa's first defense prime, developing autonomous systems to protect critical infrastructure from threats like terrorism.
Terra Industries announced an $11.75 million funding round led by 8VC, with participation from other major investors.
Terra Industries designs infrastructure and autonomous systems, including drones and surveillance towers, powered by its ArtemisOS software for real-time threat detection.

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