Nofence logo — The world's first virtual fencing solution for livestock

Nofence

The world's first virtual fencing solution for livestock

Founded 2011 Norway Norway 84 employees Series A Total: $198.94M Agriculture, IoT +1

General Information

Company Name Nofence
Founded Year 2011
Location Norway Norway +7
Founders / Decision Makers
Team member Team member
Employees 84
Industries Agriculture, IoT, AgriTech
Funding Stage Series A
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About Nofence

Nofence is the world’s first commercially available virtual fencing solution for livestock. The company, established in 2011 and headquartered in Norway, aims to revolutionize grazing management in the agriculture industry with its innovative approach. By eliminating the need for physical fences and introducing a smartphone app for pasture and herd management, Nofence offers farmers the opportunity to optimise grazing management while reducing both time and costs. The company's innovative technology not only provides farmers with operational flexibility but also allows animals to be utilized in new areas for various services, contributing to benefits such as biodiversity and fire control. The latest milestone for Nofence was the kr130.00M Series A investment received on 14 November 2022, with funding from Ferd Capital, Pelican Ag, and Sandwater. The company’s commitment to sustainable agriculture and technological innovation positions it as a promising venture for investors seeking opportunities in the Agriculture, IoT, and AgriTech sectors.

Taxonomy: Virtual fencing, AgTech, Livestock management, Grazing technology, Big data, Hardware, Firmware, Agriculture, Grazing management

Services & Products

Virtual fencing technology for livestock management

Target Customers

Farmers ranchers and livestock owners

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 3
Investor Investor Investor
14 Nov 2022
Venture Round •••••• 3
Investor Investor Investor
17 Dec 2020
Venture Round •••••• 1
Investor
03 May 2019
Seed Round •••••• - 01 Apr 2018
Debt Financing •••••• - 15 Apr 2017

View All 10 Funding Rounds

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FAQ About Nofence

The world's first virtual fencing solution for livestock
Nofence was founded in 2011.
Nofence is headquartered in Norway.
Nofence operates in the following industries: Agriculture, IoT, AgriTech.
Nofence has approximately 84 employees.
Nofence has completed 10 funding rounds, raising a total of $198.94M. The latest funding stage is Series A.
Nofence offers: Virtual fencing technology for livestock management.
Top alternatives and competitors to Nofence include Agersens, Monil, Dairy Grazing Apprenticeship, Meat Naturally Pty, Beef + Lamb New Zealand. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nofence and Agersens are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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