Close Menu
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
What's Hot

Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings

March 7, 2026

Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance

March 7, 2026

Income Tax Impact of Selling Precious Metals and Numismatics

March 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings
  • Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance
  • Income Tax Impact of Selling Precious Metals and Numismatics
  • High-Frequency Trading: HFT in Modern Crypto Trading
  • Martin Lewis explains how to get much better return on savings
  • Costco’s Strong Growth Continues. But Is the Stock Too Expensive?
  • Platinum deficit set to continue for 4th yr; shortage may shrink 75%
  • Boost tax-free Personal Allowance for savings with HMRC pension rule | Personal Finance | Finance
Facebook X (Twitter) Instagram YouTube
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
Simply Invest Asia
Home»Industries»Terra Industries, founded by two young Nigerians, raises $11.75 million
Industries

Terra Industries, founded by two young Nigerians, raises $11.75 million

By LucasJanuary 14, 20263 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Terra Industries, a defense tech startup founded by 22-year-old Nathan Nwachuku and 24-year-old Maxwell Maduka, has raised $11.75 million to tackle Africa’s growing insecurity challenges using homegrown defense technology.

The company announced this landmark fundraising on Monday via a statement as it emerges from stealth to scale autonomous security systems designed to protect critical infrastructure across the continent.

The funding round was led by U.S. venture capital firm 8VC, founded by Palantir co-founder Joe Lonsdale, with participation from Valor Equity Partners, Lux Capital, SV Angel, Leblon Capital, Silent Ventures, Nova Global, and angel investor Micky Malka.

Alex Moore, Defense Partner at 8VC and a Board Director at Palantir, joined Terra Industries’ board last year.

Founded in 2024, Terra Industries designs and manufactures autonomous defense systems that enable governments and infrastructure operators to monitor, secure, and respond to threats across land, air, and maritime environments.

What they are saying 

According to the company, Africa is entering a critical phase of industrialization, with nearly $100 billion invested annually in infrastructure and the continent holding about 30% of global critical mineral reserves.

  • However, much of this infrastructure is located in remote and unstable regions, where insecurity, terrorism, organized crime, and illegal resource extraction continue to threaten operations, particularly in Sub-Saharan Africa and the Sahel.

“Africa is industrializing faster than any other region, with new mines, refineries, and power plants emerging every month,” said Nathan Nwachuku, co-founder and CEO of Terra Industries.

“But none of that progress will matter if we don’t solve the continent’s greatest Achilles heel, which is insecurity and terrorism,” he added.

To address this gap, Terra Industries says it is building Africa’s first defense technology prime — a vertically integrated platform of autonomous systems tailored to the continent’s terrain and operating realities.

The company says the new funding will be used to expand manufacturing capacity, grow engineering and software teams, and deploy more autonomous systems across allied African countries.

Terra Industries’ technology 

Terra’s product suite includes long- and mid-range drones, autonomous sentry towers, unmanned ground vehicles, and maritime surveillance systems, all powered by ArtemisOS, its proprietary software platform.

ArtemisOS enables real-time threat detection, autonomous mission planning, and coordinated responses across vast environments where traditional security models struggle to scale.

  • The startup disclosed that it already secured infrastructure assets valued at approximately $11 billion across Africa, with tens of millions of dollars in signed contracts and a strong pipeline across both public and private sector clients.
  • Current deployments include the Geometric Power Plant in Aba, two hydropower plants in northern Nigeria, and gold and lithium mining operations in Nigeria and Ghana.
  • While Terra’s existing contracts focus on infrastructure protection, the company says it is expanding into multinational border security and counterterrorism as regional instability intensifies.

What you should know 

Security remains one of the biggest risks to Africa’s industrial growth, affecting energy projects, mining operations, and cross-border trade.

Nigeria, in particular, is currently facing one of the toughest security challenges in decades with an increase in the spate of kidnappings and terrorist attacks.

As part of measures to address the growing insecurity in the nation, President Bola Tinubu recently increased the Nigeria Police Force recruitment exercise from 30,000 to 50,000, citing the emerging security challenges across the country.

Startups like Terra Industries could help the country in tackling some of its security challenges, using technology.

Meanwhile, in a separate statement, the company said it has secured a $1.2 million, five-year security contract to protect two hydroelectric power plants in Nigeria.

This marks the company’s largest contract to date and its first deployment in the hydroelectric sector.

 


Follow us for Breaking News and Market Intelligence.



Source link

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related Posts

Invoking emergency powers, India asks oil refiners to ramp up LPG output

March 7, 2026

UK Lords warn of AI impact on creative industries

March 7, 2026

Government’s AI copyright reforms set for delay after backlash from creative industries

March 6, 2026
Leave A Reply Cancel Reply

Our Picks

Government borrowing hits highest August level for five years

October 12, 2025

Allens Guides Real Utilities Acquisition Financing

November 17, 2025

Reliance Industries shares have three major triggers that lie ahead after Q2 results; Details here

October 20, 2025

Where is all the money (in Formatland)? | Perspective

February 23, 2026
Don't Miss
Stock & Shares

Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings

By LucasMarch 7, 2026

The cruise line industry has become increasingly intriguing to investors. Despite concerns about the sluggish…

Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance

March 7, 2026

Income Tax Impact of Selling Precious Metals and Numismatics

March 7, 2026

High-Frequency Trading: HFT in Modern Crypto Trading

March 7, 2026
Our Picks

Why Industry 5.0 matters for India’s defence and how Aimtron is making it real

October 20, 2025

Why Kratos Defense & Security Stock Is Up Today

October 16, 2025

Bond market to attract inflows

February 1, 2026
Weekly Pick's

Top 5 High-Potential AI Stocks in February 2026

February 16, 2026

Has my pet insurance become pointless?

February 9, 2026

Gold rises over 2% as soft inflation data rekindles Fed rate-cut hopes

February 15, 2026
Monthly Featured

Unpacking the Latest Options Trading Trends in Constellation Energy – Constellation Energy (NASDAQ:CEG)

October 25, 2025

Economist analyze which industries would be most impacted

October 26, 2025

BOJ to begin experimenting with digital currency next year

October 14, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2026 Simply Invest Asia.

Type above and press Enter to search. Press Esc to cancel.