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Private companiesTracked

Terra Industries

Abuja, Nigeria · Founded 2024

Terra Industries, also known as Terrahaptix Inc., builds autonomous drones, sentry towers and unmanned ground vehicles in Nigeria, run on its own ArtemisOS software. It sells them to governments, militaries and operators of mines, power plants and other infrastructure across Africa.

Profile

What it builds and who buys it

  • ·Its products are the Archer VTOL drone (range up to 1,000 km, 20 kg payload), the Iroko quadcopter, the Duma tracked ground vehicle and the solar-powered Kallon sentry tower, which tracks threats up to 3 km away.Terra Industries
  • ·Kama, an interceptor drone for counter-drone defence, reaches speeds of up to 300 km/h.Terra Industries (company release), Apr 19, 2026
  • ·Terra builds its systems at Pax-1, a 15,000-square-foot factory in Abuja. Pax-2, a 34,000-square-foot drone factory in Accra, Ghana, opens in the fourth quarter of 2026 and is to reach 50,000 units a year by 2028.Terra Industries (company release), Aug 17, 2026
  • ·The company says its systems protect power plants, mines and other assets valued at about $11 billion across several African countries.Terra Industries (company release), Aug 17, 2026
  • ·The Defence Industries Corporation of Nigeria and Terra signed a memorandum of understanding for a joint venture to produce drones and other high-technology systems in Nigeria.Terra Industries (company release), Feb 23, 2026
  • ·TechCrunch reported a partnership with AIC Steel for a joint manufacturing facility in Saudi Arabia, Terra’s first outside Africa.TechCrunch, Feb 16, 2026
  • ·Its commercial division closed $2 million in contracts in September 2026 to protect lithium mines in Nigeria with 20 sentry towers and 4 Iroko drones.Terra Industries (company release), Sep 4, 2026
  • ·Chief executive Nathan Nwachuku told Tectonic in August 2026 that Terra was on track for more than $100 million in contract bookings by the end of the year.Tectonic, Aug 17, 2026

Founders and leadership

  • Nathan NwachukuCo-founder and chief executive

    Founded Terra Industries in 2024 with Maxwell Maduka to build autonomous systems that help African nations monitor and respond to threats.TechCrunch, Feb 16, 2026

  • Maxwell MadukaCo-founder

    Founded Terra Industries in 2024 with Nathan Nwachuku.TechCrunch, Feb 16, 2026

Funding

Last valuation

No citable valuation

Last round or tender

$18Mraised

Seed extensionTerra Industries (company release), Aug 17, 2026

An additional $18 million that the company says closes its seed round at $52 million. 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated, with new investor Norleo Space Investments and angel investor Grant Gordon. No valuation was stated.

Latest revenue figure

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Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Aug 17, 2026Seed extensionAn additional $18 million that the company says closes its seed round at $52 million. 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated, with new investor Norleo Space Investments and angel investor Grant Gordon. No valuation was stated.$18M—
Feb 16, 2026Seed extensionLed by Lux Capital, with 8VC, Nova Global and Resilience17, bringing total funding to $34 million. The company’s own release lists Silent Ventures, Belief Capital, Tofino Capital and angel investors as well. Its chief executive later told Tectonic the valuation was in the nine figures after this extension; no figure was stated.$22M—
Jan 12, 2026SeedLed by 8VC, with Lux Capital, Valor Equity Partners, Silent Ventures, SV Angel, Leblon Capital, Nova Global and angel investors including Meyer Malka. TechCrunch put the round at $11.75 million. No valuation was stated.$12M—

Primary capital across the rounds on file: $51.8M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice: the page says no recent secondary market data is available and puts historical pricing behind a login. It shows a $100 million estimated valuation, an aggregator’s figure with no company or press confirmation on file.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026