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§ Private Profile · Molde, Norway
Nofence is a technology company.
Nofence develops a virtual fencing system for livestock management, utilizing GPS-enabled, solar-powered collars. These devices define dynamic grazing areas, virtually containing animals such as cattle, sheep, and goats without physical fences. The technology offers precise tracking and auditory cues to guide herds, providing a flexible solution for pasture management.
Established in 2011, Nofence originated from an insight into traditional fencing limitations. The company pioneered the first commercially available virtual fencing solution, aiming to enhance farmer flexibility and improve animal welfare through adaptive grazing. This innovation sought to eliminate significant labor and resource demands of conventional fence maintenance.
Nofence primarily serves livestock farmers seeking sustainable herd management. The system optimizes land use, protects sensitive areas, and improves animal health via rotational grazing. The company envisions transforming livestock-environment interaction, supporting global agriculture in adopting adaptable, environmentally conscious practices for land stewardship and animal welfare.
Nofence has raised $35.0M across 1 funding round.
Nofence has raised $35.0M in total across 1 funding round.
Nofence has raised $35.0M in total across 1 funding round.
Nofence's investors include Speedinvest, Torkel Engeness, Capagro, Climate Innovation Capital, Ferd, Momentum, Nysn Climate Investments.
Nofence has raised $35.0M across 1 funding round. Most recently, it raised $35.0M Series B in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2025 | $35M Series B | — | Speedinvest, Torkel Engeness, Capagro, Climate Innovation Capital, Ferd, Momentum, Nysn Climate Investments | Announced |
Nofence is an agritech company that develops and sells virtual fencing technology for livestock management. Its core product is a solar-powered, GPS-enabled collar paired with a smartphone app that allows farmers to define and adjust grazing boundaries digitally, replacing traditional physical fences. This solution serves farmers managing cattle, sheep, and goats, enabling more efficient pasture use, improved animal welfare, and sustainable grazing practices. Nofence’s technology supports rotational grazing and remote herd monitoring, helping farmers optimize land use and reduce labor costs. The company has demonstrated strong growth, with over 150,000 collars deployed across Norway, the US, Spain, and the UK, and a recent oversubscribed Series B funding round exceeding $35 million to fuel expansion in Europe and the US[1][2][3][5].
Founded in 2011 in Batnfjordsøra, Norway, by Oscar Hovde, Nofence emerged from his vision to create a virtual fencing system for livestock. The idea was to enable animals to graze freely while maintaining control without physical barriers, aligning with natural grazing behavior. Early development involved close collaboration with farmers, whose feedback was integral to refining the product. This partnership helped Nofence evolve from a local concept into the world’s first commercially sold virtual fencing technology. The company’s growth has been marked by continuous innovation and international expansion, driven by a mission to improve animal welfare and promote sustainable agriculture[2][4].
Nofence rides the growing trend of digital transformation in agriculture, particularly precision livestock farming and sustainable food production. The timing is critical as global demand rises for environmentally friendly farming methods that enhance productivity while reducing ecological impact. Virtual fencing technology addresses market forces such as labor shortages, land scarcity, and increasing regulatory pressure on animal welfare and environmental sustainability. By enabling better pasture management and reducing the need for physical infrastructure, Nofence influences the broader ecosystem by promoting innovation in agritech and supporting the shift toward climate-smart agriculture[2][3].
Looking ahead, Nofence is poised to expand its footprint in the US and European markets, leveraging its recent capital raise to accelerate product development and market penetration. Trends shaping its journey include advances in IoT, AI-driven farm management, and increasing adoption of sustainable practices by farmers worldwide. As virtual fencing technology matures, Nofence’s influence may grow beyond livestock containment to become a central platform for integrated pasture and animal health management. Its continued innovation in connectivity and user experience will be key to maintaining leadership in this emerging category, potentially transforming global livestock farming toward more sustainable and efficient models[3][5].