Diligence memo · auto-generated · as of July 2, 2026
Terra Industries
Terra Industries has raised $12M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Terra Industries operates in Defense, based in Africa. Nigerian defence-tech startup Terra Industries has secured a US$11.75 million investment round to fund its bid to address Africa’s growing insecurity challenges using homegrown defence technology.
Sub-sector tags: defense.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Terra Industries has raised $12M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $12M on 2026-01-14.
Most recent recorded round closed around 2026-01-14.
Valuation (modeled)modeled
Provath models Terra Industries at approximately $37M (range $17M–$56M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 6 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 79% of Defense peers (61 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: Vanguard Defense, Inc., Defense Metals Corp., Arkenstone Defense, Inc..
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.