Investing in the future of European farming

This summer, Nofence reached an important milestone - closing a €30 million (£26 million) Series B funding round, the largest agtech raise in Europe this year.  More than a financial achievement, this is a sign of investor confidence in the strength of our technology, the trust of the farmers who use it, and the potential of digital tools to transform livestock production.

Europe’s unique opportunity

Europe’s agricultural landscape is unlike anywhere else. Generational family farms, cooperative structures, and a deep cultural connection to land and animals form the backbone of rural life. 

At the same time, Europe’s farmers are on the frontline of change: ensuring Europe’s food security while delivering on environmental targets, responding to shifting consumer expectations, and adapting to the rising pressures of costs and labour shortages.

Nofence is helping Europe’s farmers preserve their traditional way of life while giving them the tools to adapt to new realities. This balance of heritage and transition makes Europe the ideal place to scale innovations like virtual fencing. By enabling flexible, precision grazing, we can help farmers unlock more value from their land, improve animal welfare, and keep farming viable for the next generation.

From innovation to impact

What inspires me most is not the technology itself, but the way farmers are applying it. Across Europe, virtual fencing is being used in very different contexts: from rotational systems that help deliver on agro-environmental measures such as Ireland’s Agri Climate Rural Environment Scheme’s (ACRES) Landscape Actions, to extensive rangelands where flexibility and stewardship matter most, to rugged uplands and sensitive landscapes where supporting biodiversity and soil health is critical.

These farmer-led applications show that virtual fencing is no longer a concept but a proven solution, adaptable to a wide range of terrains, production systems, and farming traditions.

Why this investment matters

This new round of funding will allow us to accelerate our work in three key ways:

• Expanding our presence across European markets to strengthen our support for farmers, and accelerate product development.
  
  
• Advancing our technology to provide even more value to customers and respond to the continent’s diverse climates and terrains, livestock systems and local farming needs.
• Partnering with cooperatives, universities, and policymakers to embed virtual fencing within sustainable farming frameworks.

Looking forward

The Series B raise is a significant step forward - but it is only the beginning. For me, the real excitement lies in what it enables: better serving farmers through more collaboration, deeper partnerships across the sector, and a stronger foundation for the next generation of digital tools in agriculture.

As with any innovation, progress comes step by step. Market authorisations are still moving forward in some countries, and we are committed to working with regulators to make virtual fencing available as widely as possible. 

What will never change is our focus on the people at the heart of this story: Europe’s farmers, their animals, and the land they care for.

Marielle Hvide
Chief Commercial Officer, Nofence