News Summary

• Nigerian defense tech company Terra Industries has raised a record-breaking $52 million in seed funding.
• Founded in 2024, it produces drones for air and land surveillance and defense.
• Terra Industries is also opening an office in London and is close to completing what will become the largest drone factory in Africa at the Pax-2 site in Ghana.
• Before the most recent round of funding, Terra Industries raised $11.75 million in January 2026, at the time the largest of any African defense technology company.