Terra Industries Closes $52M Seed Round, Expands to London

Terra Industries, an autonomous defense technology startup founded in Nigeria, has raised an additional $18 million, bringing its total seed funding to $52 million.

The latest financing included participation from existing investors such as 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel, along with new investor Norleo Space Investments.

Founded in 2024, Terra plans to use the funding to expand manufacturing capacity in Africa, open its first international office in London and accelerate deployments across the Global South.

Funding Snapshot

About Terra Industries

Founded in 2024 by Nathan Nwachuku and Maxwell Maduka, Terra Industries develops autonomous systems designed to help governments and infrastructure operators monitor and protect critical assets across land, air and maritime environments.

The company's technology combines autonomous drones, interceptor systems, sentry towers and unmanned ground vehicles through ArtemisOS, its proprietary software platform.

Core offerings include:

• Autonomous surveillance systems
• Long- and mid-range drones
• Interceptor drones
• AI-enabled sentry towers
• Unmanned ground vehicles

Terra currently protects infrastructure assets valued at approximately $11 billion across several African countries, including power plants, mines and other high-value sites.

Terra also operates Pax-2, a 34,000-square-foot manufacturing facility in Ghana. Once fully operational, the company expects the facility to produce up to 50,000 systems annually.

Previous Funding & Investors

Terra's funding history has grown rapidly since its founding.

The company initially raised $11.75 million from 8VC and participating investors including Lux Capital, Valor Equity Partners and Silent Ventures. It later secured a $22 million seed extension led by Lux Capital.

The latest $18 million financing brings the company's total seed funding to $52 million.

Funding Timeline