Peter Thiel-Backed Halter Raises $220 Million at $2 Billion Valuation
Mar 24th 2026 · New Zealand
Founders Fund led a more than $220 million investment in Halter, valuing the New Zealand founded livestock tech company at about $2 billion; Halter makes solar powered, GPS collars that provide virtual fencing and herd monitoring and sells a subscription service to farmers.
- Founders Fund led a funding round of more than $220 million that values New Zealand-founded Halter at about $2 billion.
- Halter makes solar powered, GPS enabled collars that use sound and vibration for virtual fencing and monitor health and breeding indicators.
- The company says it has sold over one million collars and has about 2,000 farms signed up, primarily in New Zealand.
- Halter sells a subscription software service charging roughly $5 to $8 per cow per month.
- The funding round is the largest venture capital raise by a New Zealand founded company and is aimed at expansion into Australia and the United States.