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Nigeria-based Terra, which makes pilotless drones and defense systems, raised $34M from Joe Lonsdale, Lux Capital, and others, as jihadist groups drive demand (Nduka Orjinmo/Bloomberg)
Nduka Orjinmo / Bloomberg: Nigeria-based Terra, which makes pilotless drones and defense systems, raised $34M from Joe Lonsdale, Lux Capital, and others, as jihadist groups drive demand — Terrahaptix
Nduka Orjinmo / Bloomberg: Nigeria-based Terra, which makes pilotless drones and defense systems, raised $34M from Joe Lonsdale, Lux Capital, and others, as jihadist groups drive demand — Terrahaptix Inc., a Nigerian drone-making startup, will open its first factory abroad in Ghana, where it will build mid-range pilotless aircraft …
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- AI cloud infrastructure company Parasail raised a 32M Series A led by Touring Capital and Kindred Ventures, bringing its total funding to 42M (Tim Fernholz/TechCrunch)
- Accel raised 5B, including a 4B Leaders fund, focused on writing large checks to late-stage startups globally, and a 650M sidecar fund, taking AUM to 36B (Rebecca Torrence/Bloomberg)
- PitchBook: US growth and late-stage venture funds raised 23.6B YTD, up from 7.4B in 2025 and above the totals for any of the past 12 years, amid the AI boom (Yuliya Chernova/Wall Street Journal)
- Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise 180M to 200M at a $2B valuation, its third funding round in seven months (Bloomberg)
Source: Techmeme | 2026-04-20