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Tag: security technology

Nigerian drone startup investment

US Billionaire Joe Lonsdale Backs Nigerian Drone Startup with $11.8m to Boost Africa’s Security

US technology billionaire and Palantir co-founder Joe Lonsdale has led an $11.8 million investment round in Terra Industries, a Nigerian drone manufacturing startup, highlighting growing global interest in Africa’s defence and security technology sector. The funding round, announced on January 12, 2026, was led by Lonsdale’s venture capital firm 8VC, with additional backing from several…

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