Overview
- The seed round was led by Joe Lonsdale’s 8VC with participation from Lux Capital, Valor Equity Partners, SV Angel, Nova Global, Silent Ventures and others.
- Terra designs and manufactures autonomous drones, sentry towers and unmanned ground vehicles powered by its ArtemisOS real-time analytics platform.
- The company operates a 15,000-square-foot manufacturing facility in Abuja and plans to expand factories across Africa while opening software offices in San Francisco and London.
- Terra reports more than $2.5 million in commercial revenue and says its systems are securing about $11 billion in assets, including hydropower plants in Nigeria and mining sites in Ghana.
- The startup says it recently won its first federal contract but has not disclosed details, and 8VC’s Alex Moore joined the board as the team highlights deep military experience.