Terra Industries, a Nigerian defense technology startup focused on protecting critical infrastructure, has raised 11.75 million in a funding round led by Joe Lonsdale's venture firm 8VC, the company announced on Monday.
The Abuja-based startup was founded by Nathan Nwachuku, 22, and Maxwell Maduka, 24, to address security challenges across Africa through autonomous systems and real-time intelligence. The company designs drones, surveillance towers, and software platforms to help governments and organisations monitor and respond to threats.
Other investors in the round include Valor Equity Partners, Lux Capital, SV Angel, Nova Global, Tofino Capital, Kaleo Ventures and DFS Lab. Terra had previously raised an 800,000 pre-seed round and attracted investor interest following a feature on CNN, Nwachuku said.
