Nigeria’s tech ecosystem is attracting serious global attention and serious global money.
Terra, the Abuja-based drone startup founded by two young Nigerians, has now raised a total of $34 million, pulling in investors from Hollywood, Silicon Valley, and Africa’s fintech elite: Flutterwave.
Here’s a look at the major names who have so far backed the fast-growing company: 
1. Jared Leto (Hollywood Star)
The latest big name to join Terra’s list of investors is Jared Leto, the Oscar-winning actor known for Suicide Squad and Morbius.
Leto took part in the company’s recent $22 million funding round, investing in the Nigerian hardware startup.
2. Joe Lonsdale (US Tech Billionaire) – $11.8 Million
Before the $22 million round, Terra had already raised $11.8 million, led by American tech billionaire Joe Lonsdale.Lonsdale, a well-known Silicon Valley investor who backs defence and security tech companies, played a key role in Terra’s early growth. His $11.8 million investment was one of the biggest early-stage bets on a Nigerian hardware startup at the time.
3. Lux Capital (Silicon Valley VC Firm)
Lux Capital is a major Silicon Valley venture capital firm known for investing in frontier technologies, including aerospace, robotics, and defence systems. It is one of Terra’s investors.
4. Olugbenga “GB” Agboola (Flutterwave CEO)
Closer to home, Olugbenga “GB” Agboola, the CEO of Flutterwave, is also one of Terra’s investors. His involvement is a big deal because it shows Terra has the backing of respected players within Nigeria’s own tech space, not just attention from abroad.
Other investors in the startup are Belief Capital and Tofino Capital.
Who Are the Founders?
The company is led by two Abuja-based Nigerian youths who are barely out of university:
-Nathan Nwachukwu (22)
-Maxwell Maduka (24)
According to Nathan, the team initially planned to raise just $5 million. Instead, investor demand pushed the total to $34 million.
What Is Terra, and What Exactly Is It Building?
The company is already valued at over $100 million and claims specifically that its tech secures assets worth about $11 billion. The startup develops autonomous security drones, AI-powered sentry towers, and unmanned security vehicles.
Terra is designed to protect large-scale infrastructure projects across Africa.
Why This Matters
Its recent funding by Jared Leto is important because when players this diverse and influential align behind one company, it usually means something bigger is unfolding and that the world is paying attention.
However, Terra’s funding story isn’t just about money. It’s about global confidence in Nigerian engineering talents.
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