Peter Thiel’s Founders Fund backs AI cow collar startup Halter at $2B valuation

Halter is raising a new round led by Founders Fund that would value the company at over $2B. The previous round in June brought in $100M at about a $1B valuation.

The startup builds AI-powered collars for cows that create virtual fences and track location and health. Farmers can manage herds remotely through an app using sound and vibration cues.

The deal is heavily oversubscribed despite weak sentiment in agtech. Halter is expanding into the US with a new office in Colorado.

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