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Founders Fund leads $220M Series E for Halter, a New Zealand agtech startup developing solar-powered GPS collars for livestock management.
PRIVATESep 30, 2026
Amount Raised
$220 Million
Round Type
Series E
AucklandInformation TechnologyAgriculture and Farming
Investors
Founders Fund
Description
Halter, a New Zealand agtech startup, has closed a $220 million Series E funding round led by Founders Fund. The round values the company at approximately $2 billion post-money. Halter has already sold one million solar-powered GPS collars and plans to expand into US, Australian, and European ranch markets. The virtual fencing technology replaces traditional physical fencing with a software-defined boundary managed via smartphone app.
Company Information
Company
Halter
Location
Auckland, Auckland, New Zealand
About
Halter is a New Zealand-based agtech company known for its innovative smart collar technology that monitors cattle via an app. The company recently achieved unicorn status after raising $100 million in a Series D funding round, boosting its valuation to $1 billion. Halter aims to address labor shortages in agriculture and enhance efficiency in the dairy sector through automation. With plans for US expansion, Halter is set to work with approximately 150 ranchers across 18 states.
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AucklandInformation TechnologyAgriculture and Farming