Founders Fund leads $220M round for Halter's smart cattle collars

New Zealand agtech startup Halter raised $220 million in a Series E led by Founders Fund at a valuation of about $2 billion. Its solar-powered GPS collars replace physical fencing with app-managed virtual boundaries, with subscriptions of $5–10 per animal per month and one million collars sold.

• $220M Series E led by Founders Fund values Halter at about $2 billion
• Solar-powered GPS collar replaces wire fencing with app-managed virtual boundaries and audio cues
• Subscription runs about $5–10 per animal per month; one million collars sold
• Halter says it has collected over 7 billion hours of animal-behavior data