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701x closes an oversubscribed Series B round exceeding $10 million, funded entirely by local ranchers and consumers, to support its global expansion.

PRIVATEJun 02, 2026about 2 months ago

Amount Raised

$10 Million

Round Type

Series B

FargoAgriculture and FarmingSoftware

Description

701x, a Fargo-based agricultural technology company, has successfully completed an oversubscribed Series B funding round, surpassing $10 million. The funding came from community members in North Dakota and Minnesota, with no venture capital involvement. This funding will support 701x's global expansion and continued innovation in beef cattle technology. The company aims to improve ranchers' operational efficiency with its complete technology ecosystem.

Company Information

Company

701x

Location

Fargo, North Dakota, United States

About

701x is a Fargo-based livestock technology company that produces and sells 'smart' ear tags and other wearable devices for tracking cattle location, activity, welfare, heat detection, and bull breeding productivity. Their cattle management software enables ranchers to record animal data in real time, which is then submitted to DigitalBeef for animal registration.

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Predictive Intelligence
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ML-powered predictions for 701x's next move

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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