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Terra Industries Raises $11.75M for African-Made Defence Tech
Terra Industries raises $11.75M for defence tech, marking a big step forward for homegrown security solutions in Africa. This Nigerian startup, focused on building drones and surveillance tools right on the continent, just pulled in $11.75 million in seed funding. It’s one of the biggest seed rounds ever for an African company, and it means Terra Industries is stepping out of the shadows after years in stealth mode.
Co-founded by Nigerian engineers Nathan Nwachuku and Maxwell Maduka, Terra Industries calls Abuja its home base. The team is all about creating independent security systems to shield Africa’s vital spots like power plants, mines, and other high-risk areas. No more relying only on tools from far away, these guys want Africa to handle its own protection.
The cash came mainly from 8VC, a US venture firm started by Joe Lonsdale, who helped create Palantir. That’s a heavy hitter in the defence world. Alex Moore, a top director at Palantir, even joined Terra’s board. His know-how will guide the young company as it grows fast.
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Security issues hit Africa hard, slowing down business and growth. Terror attacks, vandalism, and hits on key infrastructure scare off investors, cut power, and jack up costs for everyone from governments to companies. Terra Industries raises $11.75M to fight this head-on with tech made locally.
Instead of waiting for foreign gear, African teams get drones and systems built nearby, tuned for local needs. Terra already guards infrastructure worth $11 billion across the continent. They work with government groups and private firms, proving their stuff works in the real world.
At the heart of it all is their massive factory in Abuja, a 15,000-square-foot drone plant, the biggest in Africa. Here, Terra Industries builds long-range drones that fly far to spot trouble, short-range ones for close-up watch, plus ground systems and tall monitoring towers. Everything rolls out from this spot, keeping jobs and skills in Africa.
Then there’s ArtemisOS, their smart software platform. It pulls in data live from air, land, and soon water too. Spot a threat? Boom, alerts fly out to response teams right away, so they can jump into action fast. This setup turns raw info into quick decisions, saving time and lives.
Terra Industries raises $11.75M for defence tech at a perfect time. They’ve already landed their first big federal contract, though details stay under wraps for now. On top of that, private clients pay for the gear and steady data services. So far, the company has made over $2.5 million in real revenue, proof they’re not just talk.
With this fresh money, Terra plans to crank up manufacturing across Africa. They’ll hire more folks for software and AI work too. Sure, they’re opening tech offices in San Francisco and London for brains and ideas, but all the building stays on African soil. That keeps the power local.
This move fits right into what African leaders want: strong defences for power grids, mining sites, oil pipelines, and transport hubs. No more outsourcing safety. Terra Industries shows how the continent can design, make, and run its own defence tech.
Think about the ripple effects. Safer mines mean more steady jobs and exports. Protected power plants keep lights on for homes and factories. Secure pipelines cut losses from sabotage. Terra Industries raises $11.75M to make these wins real, one drone at a time.
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For everyday folks, this means fewer blackouts from attacks and lower costs passed on from businesses. Governments get tools they control, without strings from outsiders. And startups like Terra spark a wave of African tech talent in defence.
Challenges remain, sure. Building world-class drones takes skill, supply chains, and tests in tough spots. But with backers like 8VC and Palantir pros on board, Terra Industries looks set. Their Abuja factory already hums, churning out gear that flies high and watches close.
As Africa pushes for self-reliance, stories like this light the way. Terra Industries raises $11.75M for defence tech that’s truly African, built by Africans, for Africa. It’s not just funding; it’s a vote for the continent’s future security.
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