Nigerian Drone Startup Terrahaptix Secures $22 Million Led by Lux Capital in Major Funding Boost

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Nigeria’s fast-rising drone and defence technology startup Terrahaptix Inc. has secured an additional $22 million in fresh funding to expand its manufacturing and deployment of autonomous security systems across Africa. The round was led by U.S. venture firm Lux Capital, with participation from other strategic investors including Resilience17 Capital, an investment vehicle founded by Flutterwave CEO Gbenga “GB” Agboola.

This latest infusion brings the company’s total funding to approximately $34 million, just weeks after closing an $11.8 million round — a sign of strong investor confidence in African deep tech and defence innovation.

Founded in 2024 by young Nigerian entrepreneurs Nathan Nwachukwu and Maxwell Maduka, Terrahaptix is building autonomous drones, unmanned ground vehicles, sentry towers, and other advanced systems designed to secure critical infrastructure across the continent. The company’s technology is already deployed to safeguard assets such as power plants, industrial sites, and mining operations valued in the billions.

The new capital will be used to scale production, expand engineering and manufacturing capacity — including plans for a potential mega factory — and accelerate deployment to meet growing demand from government and defence clients. The funding round was completed in under two weeks, signalling urgent investor appetite for homegrown defence technology solutions.

At just over two years old, Terrahaptix’s rapid funding success highlights Africa’s emerging role in advanced technology sectors that go beyond software and fintech, and underscores global investor belief in African engineers building locally relevant solutions.

This development comes at a time when security challenges across parts of Africa — including counter-terrorism and infrastructure protection — are prompting governments and corporations to seek more responsive, context-aware technologies.

Terrahaptix’s latest raise marks a major vote of confidence in African deep tech innovation and could help position Nigeria as a hub for autonomous security manufacturing on the continent.

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