Terra now valued at over $100 million, as it extends funding to $34 million
- Terra Industries raised an additional $22 million, bringing total funding to $34 million.
- The funding round was led by Lux Capital and included participation from notable investors like Jared Leto.
- CEO Nathan Nwachuku emphasized the importance of investor experience in building defense-focused companies.
TechCabal - Feb 16, 2026
Defence-tech startup Terra Industries raises $22 million one month after record round
Terra Industries, a Nigerian defence-technology startup, has raised $22 million in funding to expand
TechCrunch - Feb 16, 2026
African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month
Terra Industries, a defensetech startup founded by Nathan Nwachuku and Maxwell Maduka, has raised an
Tech Labari - Feb 16, 2026
Defense Tech Startup Terra Industries Hits $34M With Funding Extension
Terra Industries, a defense tech startup based in Abuja, has successfully extended its funding round
Terra Industries' recent funding success highlights a growing interest in African defense technology, indicating a shift in investor perception towards the continent's potential in high-tech sectors. As the company expands its operations and partnerships, it could play a pivotal role in enhancing security infrastructure across Africa, but it must navigate geopolitical complexities and competition in the defense sector.
