Virtual fencing pioneer Nofence has raised over $35 million in Series B funding to accelerate its U.S. expansion and global growth, marking Europe’s largest agtech investment round of 2025.
The funding, led by the European Circular Bioeconomy Fund alongside investors Capagro, Nysnø Climate Investments, Climate Innovation Capital, and Speedinvest, underscores strong confidence in Nofence’s technology and its potential to transform livestock management worldwide. Existing investors Sandwater, Momentum, and Ferd also participated in the round.
Headquartered in Norway, Nofence has developed a solar-powered, GPS-enabled collar and mobile app that allows producers to manage rotational grazing without physical fencing. The system improves land stewardship, reduces costs, and enhances animal welfare—making it one of the most practical climate technologies for pasture-based production systems.
“This Series B funding is more than a financial milestone; it validates our vision and the results we’ve delivered to farmers across the globe,” said Joachim Kähler, CEO of Nofence. “We’re helping make virtual fencing the new standard for livestock management.”
The new capital will fuel Nofence’s product development, strengthen its service capacity, and support its growing customer base in key North American and European markets. Recent hires, including Alex Bell as U.S. Managing Director and Eric Yates as National Sales Director, reflect the company’s commitment to scaling its U.S. operations.
“Farmers and ranchers are looking for tools that give them greater flexibility and insight,” said Bell. “With Nofence, our customers are able to work more efficiently and steward their land more sustainably.”
According to the company, Nofence is now the only provider of virtual fencing solutions for both cattle and small ruminants, with producers in 48 U.S. states already using its technology to manage grazing more effectively.
Investors emphasized Nofence’s dual strength in commercial growth and sustainability impact.
“Nofence is transforming livestock management with a solution that improves efficiency, lowers costs, and restores soil and biodiversity,” said Isabelle Laurencin, Partner at ECBF.
