Nofence, the leading innovator in virtual fencing technology, announced today that it has raised over £26 million (€30 million) after the successful close of its Series B funding round, which concluded in July. As Europe’s largest agtech funding round of 2025, this investment signals investor confidence in Nofence’s market traction, product innovation, and long-term potential to transform livestock management in the UK and globally.
The round was led by the international firms including the lead investor European Circular Bioeconomy Fund, along with Capagro, Nysnø Climate Investments, Climate Innovation Capital, and Speedinvest, bringing not only capital but also deep expertise in sustainable agri-tech systems – positioning Nofence to innovate further and strengthen its leadership in rapidly expanding efficient grazing solutions for cattle, sheep, and goat farmers alike.
Existing investors Sandwater, Momentum and Ferd are also continuing their commitment, demonstrating their trust in Nofence’s mission and long-term growth.
The investment accelerates Nofence’s expansion worldwide in key European and North American markets and reflects the company’s continued momentum in advancing its technology, strengthening service to its surging customer base, and reinforcing its position in core markets.
By enabling more sustainable grazing practices through its solar-powered, GPS-enabled collars, Nofence is reshaping livestock management in ways that deliver measurable benefits for farmers. Nofence is deeply appreciative of the support and trust it has received so far and is committed to using the new capital to further invest in product development.
“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 a peace of mind,” said Joachim Kähler, CEO of Nofence.
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“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.”
“Our mission is simple, to deliver technology that works for farmers, the environment, and animals – working with nature, not against it,” added Marielle Hvide, Chief Commercial Officer at Nofence. “This investment will drive further innovation that delivers even more value to our customers. We are excited for the future of virtual fencing and the impact we will achieve at scale.”
“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,” said Stefanie Witte, Chair of Nofence’s Board of Directors. “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.”
“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,” highlighted Isabelle Laurencin, Partner at ECBF. “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.”
“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,” says 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,” emphasised Wissam Nasreddine, Principal at Speedinvest.
Since its commercial launch in the UK, a decade after it was founded in 2011, Nofence has established itself as a leader in virtual fencing technology, with growing demand among farmers and land managers across the UK. From upland conservation sites, crofters in the highlands to mixed grazing enterprises, Nofence GPS-enabled collar is helping farmers improve land use efficiency, protect sensitive habitats, and reduce labour costs, all while supporting animal welfare and farmers’ wellbeing.
