Investment of £26 million in Series B round secures Nofence for extension of virtual fence technology expansion
Nofence, a Norwegian company specializing in virtual fencing solutions, has successfully closed its Series B funding round, raising over £26m in July. The round was led by the European Circular Bioeconomy Fund (ECBF) and included a range of international investors, positioning Nofence to continue reshaping the livestock industry through sustainable innovation.
The calibre and international breadth of Nofence's investors, including European and North American investors, bring a range of expertise aligned with Nofence's own international expansion. Besides ECBF, the financing round included Capagro, Nysnø Climate Investments, Climate Innovation Capital, Speedinvest, and existing investors Sandwater, Momentum, and Ferd who increased their stakes. The exact size of their individual stakes in the company has not been disclosed.
Stefanie Witte, Chair of Nofence's Board of Directors, emphasized the significance of the Series B funding round as a testament to the hard work of the Nofence team and the strength of their technology. The new capital injection will accelerate Nofence's growth across key European and North American markets.
Nofence's virtual fencing solution utilizes solar-powered, GPS-enabled collars that guide livestock with audio cues and mild impulses, creating flexible and invisible barriers. Farmers using this technology report improved land-use efficiency, reduced labour requirements, and enhanced animal welfare. The system also helps farmers reduce costs, improve pasture management, and protect sensitive habitats, delivering environmental and economic benefits simultaneously.
The latest funding milestone positions Nofence to continue setting new standards for grazing efficiency and animal wellbeing. The company aims to enhance customer support, expand its service footprint, and invest heavily in ongoing product development. With strong investor backing and growing global demand, Nofence is on course to redefine the future of farming with its pioneering virtual fencing technology.
Demand for sustainable livestock solutions is on the rise, positioning Nofence to strengthen its leadership in efficient grazing systems for cattle, sheep, and goats. The funding round marks Europe's largest agtech funding round of 2025, underscoring strong confidence in Nofence's ability to transform livestock management in the UK and worldwide.
Since its commercial launch in the UK a decade after its founding in Norway, Nofence's technology has gained traction with diverse users ranging from upland conservation projects to mixed grazing enterprises. The company's virtual fencing system has proven to be a valuable tool in the pursuit of sustainable and efficient farming practices.
With the successful completion of its Series B funding round, Nofence is poised to make a significant impact on the livestock industry, combining technology and sustainability to create a brighter future for farming.
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