Bloomberg: Halter Raises Investment from Founders Fund, Valuation Reaches $2 Billion

LootboxPhobia · 2026-03-20T20:55:05+00:00

Startup Halter is raising a new round of funding with an anticipated valuation exceeding $2 billion, led by Peter Thiel's Founders Fund. The company produces AI-powered cattle collars that can monitor herd location and health through an application. The size of the funding round has not yet been determined.

LootboxPhobia

2026-03-20 20:55:05

Abstract generation in progress

Investing.com - According to Bloomberg, citing sources, the startup company Halter, which produces AI-powered cow collars, is in talks for a new funding round that will double its valuation to over $2 billion.

Sources revealed that billionaire Peter Thiel’s venture capital firm Founders Fund will lead this funding round. Negotiations are still ongoing, and details may change.

Halter’s technology aims to create virtual fences for herds, allowing farmers to monitor animal location and health metrics through an app. The collars are solar-powered and connect to farmers’ phones, enabling remote management of the pasture.

Farmers can use vibrations and audio alerts from the collars to herd cattle. An insider said that the latest funding round will bring Halter’s valuation to approximately $2 billion before the new funds are added.

The size of the funding has not been finalized, as strong investor interest has led to significant oversubscription.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.