Ag Tech Sunday - New Zealand Ag Tech startup Halter raises 29 million
- By: "Farm Tender" News
- Ag Tech News
- May 09, 2021
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A New Zealand Ag Tech startup fitting cows with GPS-enabled solar collars to “guide” cows around pastures using sound and vibrations, creating virtual fences via an app, has raised A$29 million in a series B round.
Halter says it is bridging the gap between human and animal understanding to transform farming. The series B round was led by Blackbird Ventures with participation from existing investors DCVC, Promus Ventures, Ubiquity Ventures and Rocket Lab CEO Peter Beck. It is one of Blackbird’s biggest initial investments in the VC firm’s history.
Halter will use the cash for expansion across Kiwi farms before taking its “cowgorithm” product global.
The collar allows farmers to shift their herd remotely and create fenceless farming, as well as being able to monitor the wellbeing of the herd, especially during breeding season.
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