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Nigerian defence-tech startup Terra Industries raises $22 million

Original: Terra Industries, a Nigerian defence-tech startup, raised an additional $22 million in a seed extension in February 2026

Terra Industries, a Nigerian defence technology startup, raised an additional $22 million in a seed extension round in February 2026, bringing its total funding to $34 million. The company is developing defence technology in Nigeria, and the raise signals growing investor interest in African security and defence startups, with backing reportedly including foreign money.

Why now: The size of the seed extension and the emergence of a defence-tech startup in Nigeria are notable for the African startup ecosystem.

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