The Meridian

Terra Industries raises further US$18m, closing seed round at US$52m

The Nigerian defence technology company adds Norleo Space Investments and plans a London office and a factory in Ghana.

Terra Industries, a Nigerian autonomous defence systems company founded in 2024, announced on 17 August 2026 an additional US$18m, bringing its seed round to US$52m. Existing investors 8VC, Silent Ventures, Nova Global, Belief Capital and SV Angel participated, with new investor Norleo Space Investments and angel investor Grant Gordon.

Terra plans its first international office in London and a 34,000 square foot manufacturing facility, Pax-2, in Ghana, scheduled for the fourth quarter of 2026.

The Meridian Editorial Team

Andrew U. — Editorial Director | Damilare A. — Intelligence Director | Amaka Nwoye — Senior Legal Research Analyst | Salome Mensah — Market Intelligence Analyst | May Ndlovu — Editorial Researcher | K.K. Lawal — Senior Correspondent | The Meridian’s editorial team brings experience across West African legal markets, commercial law, market intelligence and structured research. Our standard is simple: evidence first, independent judgement, and analysis grounded in how legal work happens in practice.

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