Nofence has closed its Series B funding round with over €30 million (more than $35 million), making it the most significant agtech investment in Europe in 2025. Lead investor European Circular Bioeconomy Fund was joined by Capagro, Nysnø Climate Investments, Climate Innovation Capital, and Speedinvest, while existing backers Sandwater, Momentum, and Ferd also increased their commitments. This new funding reflects strong confidence in Nofence’s ability to reshape livestock management through sustainable technology.
The company recently strengthened its leadership with two key hires. Alex Bell joined as Managing Director for the United States, bringing deep expertise in scaling agricultural innovations across North America. Eric Yates stepped into the role of National Sales Director, charged with building out customer relationships and support networks as Nofence grows its footprint. These appointments underscore the firm’s dedication to delivering outstanding service as it expands into new markets.
As the pioneer in virtual fencing, Nofence has developed solar-powered, GPS-enabled collars that allow farmers and ranchers to set flexible grazing boundaries without installing physical fences. Each collar communicates wirelessly with a user-friendly mobile app, alerting animals when they approach pre-defined zones. By replacing traditional barriers, the system saves time on fence maintenance, preserves natural landscapes, and adapts grazing patterns to promote soil health and biodiversity. Farmers report significant reductions in labor costs and improvements in pasture productivity.
Since launching in the United States earlier this year, Nofence has seen rapid adoption across 48 states. American producers, facing the high costs and logistical hurdles of building and repairing miles of fencing, have adopted this virtual approach. The technology works for both large-scale cattle operations and smaller herds of sheep or goats, making Nofence the only provider that supports all major grazing animals with a single unified platform.
How the funding will be used: With the new funding, Nofence plans to accelerate its product development pipeline, introducing enhancements such as longer battery life, finer-grained geomapping, and advanced analytics for grazing optimization. The company will also expand its field teams across North America and Europe, ensuring that every new and existing customer receives hands-on training and rapid technical support. By investing in both innovation and service, Nofence aims to solidify its position as the global leader in sustainable livestock management.
KEY QUOTES:
“Nofence’s virtual fencing is transforming the way livestock producers manage their herds by enabling rotational grazing – an effective climate measure in agriculture – while also offering more efficient solutions to better monitor and enhance the welfare of livestock, reduce costs, and provide peace of mind. This Series B funding is more than a financial milestone; it further validates our vision and the real-world results we’ve delivered to farmers across the globe. This raise reflects the strength of our team, the loyalty of our customers, and the urgency of the challenges we’re helping to solve, positioning us to make virtual fencing the standard for livestock management globally.”
Joachim Kähler, CEO of Nofence
“Farmers and ranchers are looking for tools that give them greater flexibility and insight in how they manage their land and livestock, and Nofence’s virtual fencing technology is delivering for those needs. With Nofence, our customers are able to work more efficiently and steward their land more sustainably. These investments mark a major step forward for Nofence in the U.S., expanding our reach and accelerating our ability to deliver even more value to our customers.”
Alex Bell, U.S. Managing Director for Nofence
“We are incredibly proud to announce our Series B funding round. This investment is a testament to the hard work of the entire Nofence team and the strength of our technology. What’s particularly exciting for us is not just the capital, but the calibre and international breadth of our investors. They bring a range of expertise from across Europe and North America – perfectly aligned with Nofence’s own international expansion, and their experience will be an invaluable asset as Nofence continues to grow and innovate.”
Stefanie Witte, Chair of Nofence’s Board of Directors
“At ECBF, we back companies that scale commercially while driving sustainable, resource-efficient systems. Nofence is transforming livestock management with a solution that improves efficiency, lowers costs, while restoring soil and biodiversity. With strong traction in Europe and clear U.S. growth prospects, we are proud to back this ambitious team as they set a new standard for sustainable agriculture.”
Isabelle Laurencin, Partner at ECBF
“Nofence is addressing one of the most urgent needs in agriculture: making livestock management more efficient and climate-friendly. The company’s rapid adoption across multiple markets demonstrates both the strength of its technology and the depth of demand from farmers. Having backed Nofence since the Series A, Sandwater is proud to continue this partnership and build on the strong foundation already in place.”
Torkel Engeness, Partner at Sandwater
“We have known Nofence for a long time and continue to be impressed by their execution across markets. With farm digitization still in its early stages, Nofence stands out as a key enabler, creating a strong platform for new products beyond virtual fencing.”
Wissam Nasreddine, Principal at Speedinvest
