Nofence Secures Over $35 Million to Boost U.S. Operations and Drive Global Growth
Nofence, a pioneering company in the realm of virtual fencing technology, has announced a groundbreaking achievement: the successful completion of its Series B funding round, securing over $35 million (€30 million). This significant investment, noted as Europe's largest agtech funding round of 2025, will empower Nofence to surge forward with its expansion efforts across the U.S. and beyond.
Based in St. Paul, Minnesota, Nofence aims to revolutionize livestock management through its innovative virtual grazing solutions, indicating robust market traction and vision for increased sustainability in agriculture. This newest round of financing has not only attracted interest from leading international climate tech and agtech firms but also showcases Nofence's potential to reshape livestock management practices worldwide.
Recently appointed U.S. Managing Director Alex Bell and National Sales Director Eric Yates will spearhead the expansion effort, supported by investments from prominent investors such as the European Circular Bioeconomy Fund and several others. This influx of capital signifies the continued trust that farmers and ranchers place in Nofence's cutting-edge technology, which integrates solar-powered, GPS-enabled collars seamlessly managed through a user-friendly mobile app. The collars assist farmers in improving land stewardship while simultaneously reducing labor and production costs.
Nofence's technology allows for rotational grazing, a practice recognized as an effective measure to mitigate climate change impacts in agriculture. "Our virtual fencing is not just about managing livestock; it’s about enhancing the welfare of animals while containing costs," stated Joachim Kähler, CEO of Nofence. The Series B funding is seen as a validation of their strategy and highlights the pressing challenges faced by farmers that they are poised to address.
Farmers across the U.S. are increasingly interested in flexible and insightful tools for managing their land and livestock, needs that Nofence’s technology addresses effectively. Bell noted, "With Nofence, our customers can operate more efficiently and care for their land sustainably. This investment marks a vital progression for our company in the U.S., amplifying our outreach and capacity to offer added value to our clientele."
Stefanie Witte, Chair of Nofence's Board of Directors, expressed pride in the collective effort leading to this funding success, emphasizing the significance of the broad scope and expertise of their investor network. The investment not only represents financial backing but also offers strategic advantages for Nofence's ongoing innovation and growth tailored to its customers' needs.
The journey of Nofence started in Norway in 2011, led by goat farmer Oscar Hovde. The company has emerged as the world's first commercial virtual fencing system, which offers a sustainable alternative to traditional physical fencing. The technology relies on GPS collars that communicate boundaries to livestock using sound cues, providing a humane learning method for the animals. The growing trend among farmers adopting this smart technology has led Nofence to surpass sales of 150,000 collars.
As Nofence continues to navigate voluntary markets since entering the U.S. in 2025, the burgeoning demand highlights how their virtual fencing system is helping producers operate with newfound efficiency. Farmers across 48 states are leveraging this innovative livestock management system to not only save resources but also foster an environmentally conscious approach to agriculture. With 90 employees working across various regions including the UK, Ireland, Spain, and the U.S., Nofence is well positioned to spearhead a transformation in the agriculture sector with its trailblazing technology.
Looking ahead, the future of Nofence seems promising, with its innovative solutions set to expand markets and redefine livestock management practices worldwide. With the backing of sustainable-focused investors and a growing movement toward resource-efficient practices, Nofence is on track to establish itself as a leader in the agricultural technology landscape. Expect to see impressive developments from Nofence as they strive to make virtual fencing the new standard in livestock management, reinforcing the nexus between technology and sustainable agriculture that is vital in today’s world.
Based in St. Paul, Minnesota, Nofence aims to revolutionize livestock management through its innovative virtual grazing solutions, indicating robust market traction and vision for increased sustainability in agriculture. This newest round of financing has not only attracted interest from leading international climate tech and agtech firms but also showcases Nofence's potential to reshape livestock management practices worldwide.
Recently appointed U.S. Managing Director Alex Bell and National Sales Director Eric Yates will spearhead the expansion effort, supported by investments from prominent investors such as the European Circular Bioeconomy Fund and several others. This influx of capital signifies the continued trust that farmers and ranchers place in Nofence's cutting-edge technology, which integrates solar-powered, GPS-enabled collars seamlessly managed through a user-friendly mobile app. The collars assist farmers in improving land stewardship while simultaneously reducing labor and production costs.
Nofence's technology allows for rotational grazing, a practice recognized as an effective measure to mitigate climate change impacts in agriculture. "Our virtual fencing is not just about managing livestock; it’s about enhancing the welfare of animals while containing costs," stated Joachim Kähler, CEO of Nofence. The Series B funding is seen as a validation of their strategy and highlights the pressing challenges faced by farmers that they are poised to address.
Farmers across the U.S. are increasingly interested in flexible and insightful tools for managing their land and livestock, needs that Nofence’s technology addresses effectively. Bell noted, "With Nofence, our customers can operate more efficiently and care for their land sustainably. This investment marks a vital progression for our company in the U.S., amplifying our outreach and capacity to offer added value to our clientele."
Stefanie Witte, Chair of Nofence's Board of Directors, expressed pride in the collective effort leading to this funding success, emphasizing the significance of the broad scope and expertise of their investor network. The investment not only represents financial backing but also offers strategic advantages for Nofence's ongoing innovation and growth tailored to its customers' needs.
The journey of Nofence started in Norway in 2011, led by goat farmer Oscar Hovde. The company has emerged as the world's first commercial virtual fencing system, which offers a sustainable alternative to traditional physical fencing. The technology relies on GPS collars that communicate boundaries to livestock using sound cues, providing a humane learning method for the animals. The growing trend among farmers adopting this smart technology has led Nofence to surpass sales of 150,000 collars.
As Nofence continues to navigate voluntary markets since entering the U.S. in 2025, the burgeoning demand highlights how their virtual fencing system is helping producers operate with newfound efficiency. Farmers across 48 states are leveraging this innovative livestock management system to not only save resources but also foster an environmentally conscious approach to agriculture. With 90 employees working across various regions including the UK, Ireland, Spain, and the U.S., Nofence is well positioned to spearhead a transformation in the agriculture sector with its trailblazing technology.
Looking ahead, the future of Nofence seems promising, with its innovative solutions set to expand markets and redefine livestock management practices worldwide. With the backing of sustainable-focused investors and a growing movement toward resource-efficient practices, Nofence is on track to establish itself as a leader in the agricultural technology landscape. Expect to see impressive developments from Nofence as they strive to make virtual fencing the new standard in livestock management, reinforcing the nexus between technology and sustainable agriculture that is vital in today’s world.
Topics Business Technology）
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