Terra Industries adds $18 million to close $52 million seed round
Terra Industries raised a further $18 million, taking its extended seed financing cycle to a reported $52 million.
Why it matters
Terra Industries completed a further extension to its seed financing round.
Evidence notes
- 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated alongside new investor Norleo Space Investments.
- The capital will support expansion of Terra’s Pax-2 drone factory in Accra, Ghana, and its international operating footprint.
- Pax-2 spans 34,000 square feet and is intended to scale annual aerial-system capacity toward 50,000 units by 2028.
Company context
Terra Industries develops autonomous defence and infrastructure-security systems for African markets. Its work spans drones, ground systems, autonomous surveillance and ArtemisOS, a software platform for large-scale security operations.