Terra Industries has raised an additional US$18 million in strategic funding to close its seed round at US$52 million.
Founded in 2024 by Nathan Nwachuku and Maxwell Maduka and headquartered in Abuja, Terra Industries designs and deploys multi-domain defence systems, spanning air, land and, eventually, sea, to monitor, detect and respond to threats such as terrorism, sabotage and armed attacks on critical assets across the Global South.
The company previously raised US$11.75 million in January in a round led by US venture capital firm 8VC, founded by Palantir co-founder Joe Lonsdale. It then topped that up with an additional US$22 million in February, and has now secured a further US$18 million to take the seed round to US$52 million in value.
Existing investors 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated, alongside new investor Norleo Space Investments and angel investor Grant Gordon.
Terra Industries’ expansion and use of funds
Terra will use the funding to open its first international office in London, expand manufacturing capacity, accelerate deployments across the Global South, and grow its engineering, operations and business development teams.
“Critical infrastructure across the Global South is best protected by systems designed for these environments and built in the regions they protect. This funding lets us scale that work and deepen our manufacturing base. It also puts us in the rooms where global defense decisions are made,” said Nathan Nwachuku, co-founder and CEO of Terra Industries.
The London office gives Terra direct access to institutions that shape global defense and infrastructure markets, as well as world-class operations and AI talent, while manufacturing remains in Africa, with expansion planned across the Gulf, South America and South Asia.
