Halter, a virtual fencing technology company, has secured $100 million in a Series D funding round, bringing its valuation to $1 billion.
The investment will support Halter’s continued expansion in the U.S. market, where it currently serves about 150 ranches across 18 states. The company plans to utilize the capital to expand its U.S. team, advance product development and assist ranchers in increasing operational efficiency.
Halter’s system includes smart collars, connectivity towers and a mobile app that allows ranchers to manage cattle remotely.
CEO Craig Piggott said the funding reflects support from early adopters and aims to improve ranch management nationwide.
