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In a massive shift for the West African tech ecosystem, Nigerian defense-tech startup Terra Industries has successfully secured $34 million across two major funding rounds. The investment was led by prominent venture capital firms 8VC and Lux Capital. While African tech startups have traditionally focused heavily on fintech, logistics, and e-commerce, Terra Industries represents a rare and rapidly emerging exception on the continent. The capital injection highlights a growing investor appetite for deep-tech and specialized local hardware and software infrastructure capable of addressing regional security and industrial challenges. ​#TerraIndustries #DefenseTech #TechFunding #VCFunding #AfricanStartups
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