Nofence

company

About

Nofence is a system virtual fencing for grazing animals.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
kr30M
Industries
Agriculture,AgTech,Internet of Things
Founded date
Jan 1, 2011
Number Of Employee
11 - 50
Operating Status
Active

Nofence is a system virtual fencing for grazing animals. Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian ag-tech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock management since pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. From the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
kr30M
Nofence has raised a total of kr30M in funding over 2 rounds. Their latest funding was raised on Dec 17, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 17, 2020 Series Unknown kr30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Nofence is funded by 1 investors. Momentum Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Momentum Partners Series Unknown