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Technology

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Defense + Deeptech: Terra raises $11.75M

Defense + Deeptech: Terra raises $11.75M

A new Africa-focused defense technology company, Terra Industries, has come out of stealth and announced a $11.75M funding round, led by 8VC (Joe Lonsdale). The company is focused on building infrastructure + autonomous systems to support security monitoring and threat response...

Pan-African AI Investment Fuels Startup Growth

Pan-African AI Investment Fuels Startup Growth

Madica, a pan-African investment initiative, has funded two emerging AI companies — Hypeo AI (Morocco) and Anavid (Tunisia) — to advance automation in marketing and AI-powered retail solutions. The startups will join an acceleration program to scale their technology and attract further investment...