Halter Secures $220M Series E at $2B Valuation

Halter, a New Zealand-based agtech company, closed a $220 million Series E funding round on March 24, 2026, achieving a $2 billion valuation. The investment, led by Founders Fund, included participation from Blackbird, DCVC, Bond, Bessemer Venture Partners, NewView, Ubiquity, Promus, and Icehouse Ventures. This marks one of the largest funding rounds in agtech history and follows a $100 million Series D in June 2025 at around $1 billion valuation. Halter has sold one million solar-powered, GPS-enabled collars to over 2,000 farmers and ranchers in New Zealand, Australia, and the United States.

The capital will support expansion of commercial and field operations into two new markets beyond the current three continents. Halter's virtual fencing technology uses software, sensors, and AI to manage livestock, improving productivity and sustainability in cattle farming. Founders Fund, which invested in Halter's Series A in 2017, continues its long-term backing. This round underscores rising demand for innovative ranching solutions amid global agricultural challenges.