"Halter's GPS-enabled collars use audio cues and gentle vibrations to contain and move herds within virtual boundaries. A rancher can redraw fence lines from a smartphone, shifting cattle across sections of land without physical infrastructure."
"The company says it has now sold one million of its solar-powered collars and serves more than 2,000 ranchers and farmers across New Zealand, Australia, and the United States."
"The new capital will fund Halter's continued commercial and field operations expansion across its three existing markets while opening two new ones."
Halter, a New Zealand agtech company, has raised $220 million in Series E funding, achieving a $2 billion valuation. The company produces solar-powered GPS collars that help ranchers manage cattle using virtual fences. These collars allow ranchers to adjust boundaries via smartphone, eliminating the need for physical fencing. Halter has sold one million collars and serves over 2,000 ranchers across New Zealand, Australia, and the US. The new funding will support expansion into Ireland and the UK, with ongoing operations in Canada and further growth in North and South America.
Read at TNW | Agritech
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