TerraFirma

Summary active Updated Jul 19, 2026

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Location Austin, Texas
Founded 2024
Latest Stage Series A
Total Raised $115M

Investors

Kleiner Perkins series-a (2026)

Founders

Noah Schochet CEO & Co-Founder
Noah McGuinness CTO & Co-Founder

About

TerraFirma is an Austin, Texas-based, vertically integrated construction technology company building semi-autonomous heavy equipment systems for robotic earthworks and site operations 123. The company was co-founded by CEO Noah Schochet and CTO Noah McGuinness, both former SpaceX engineers 12. TerraFirma’s platform combines proprietary hardware, software, and AI to enable a small team of remote operators to run fleets of construction machines across projects spanning housing, energy, transportation, manufacturing, and education 23.

Funding History

Date Round Amount Lead Co-investors
2026-07-14 Series A $115M ($100M Series A + $15M angel) Kleiner Perkins Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital, Ravelin Capital 123

Angels included founders, executives, and engineers from SpaceX, Anduril, Base Power, Shinkei, and Hadrian 23.

What Investors Say

No independently sourced investor quotes found in the initial announcement coverage.

What Founders Say

No independently sourced founder quotes found in the initial announcement coverage.

Sources


  1. CNBC, “SpaceX alumni who founded TerraFirma land $115M funding round,” July 14, 2026. https://www.cnbc.com/2026/07/14/terrafirma-construction-tech-spacex.html

  2. The AI Insider, “TerraFirma Raises $115M in Funding to Develop Semi-autonomous Heavy Equipment Systems,” July 14, 2026. https://theaiinsider.tech/2026/07/14/terrafirma-raises-115m-in-funding-to-develop-semi-autonomous-heavy-equipment-systems/

  3. Construction Owners, “TerraFirma Raises $115M to Expand AI-Powered Construction Robotics,” July 14, 2026. https://www.constructionowners.com/news/terrafirma-secures-115-million-to-expand-ai-enabled-construction-robotics