More than 2000 farms in Australia, New Zealand and the United States have abandoned fences and control the movement of cattle by a solar-powered collar built by a Kiwi start-up that is now worth more than $2.9 billion, after tech billionaire Peter Thiel bought in.
New Zealand-based agriculture start-up Halter hit the double-unicorn $US2 billion ($2.9 billion) valuation after it closed a $315 million capital raising led by Thiel’s venture capital firm, Founders Fund. It also included money from Mary Meeker’s Bond Capital and Australia’s biggest venture capital firm, Blackbird Ventures.
