Nysnø invests in Nofence AS to accelerate sustainable rotational grazing

Stavanger, September 16, 2025: Nysnø invests in Nofence AS, an innovator in virtual fencing technology, to accelerate its international expansion and make rotational grazing the new standard in sustainable agriculture.

Nofence has raised NOK 350 million in a Series B round – the largest agtech funding in Europe so far this year. The company, founded in Norway, will use the capital to strengthen the company’s presence in key markets, with a particular focus on the United States and Europe.

Virtual fencing system - an effective climate measure in agriculture

Nofence’s virtual fencing technology empowers farmers to practice rotational grazing instead of continuous grazing, a proven climate solution in agriculture. Rotational grazing involves moving livestock around the pasture as resources are depleted. This offers several advantages:

• increased carbon sequestration and reduced greenhouse gas emissions from the soil
• better feed utilization and expanded grazing areas reduce the need for concentrated feed, thus lowering feed costs
• improved soil health, resulting in greater resilience to extreme weather

In addition, virtual fencing provides economic benefits by reducing the time spent on livestock monitoring, fence inspections, and repairs.

• Overgrazing reduces carbon sequestration and is often the result of uncontrolled, continuous grazing. With Nofence's virtual fencing technology, farmers can practice rotational grazing, allowing the soil time to rest and increasing carbon sequestration in the soil. We are very excited to join the next phase alongside leading international climate investors as the company now accelerates its expansion in key markets, says Guro Skjæveland, Investment Manager at Nysnø Climate Investments

• Our technology provides farmers with practical tools that make everyday life easier and more predictable, while also enabling sustainable farming practices such as rotational grazing. This leads to improved animal welfare, support more environmentally friendly practices, reduced costs, and, not least, greater reliability in day-to-day operations. In this way, we create immediate value for the farmer. With more climate investors on board, we are now taking a big step toward establishing fencing technology as a new standard for modern and sustainable agriculture, says Joachim Kähler, CEO of Nofence.

A strong investor consortium

The investment are led by firms with deep expertise in climate tech, agtech, and sustainable systems, including the European Circular Bioeconomy Fund, Nysnø Climate Investments, Capagro, Climate Innovation Capital, and Speedinvest - while existing investors Sandwater, Monumentum, and Ferd are also continuing their commitment. This reflect the strong support for Nofence’s role in providing more sustainable and efficient grazing solutions for cattle, sheep, and goat farmers alike.

About Nofence:

Founded in Norway in 2011 by goat farmer Oscar Hovde at Batnfjordsøra, Nofence is the world’s first commercial virtual fencing system for livestock, serving as a sustainable alternative to physical fencing. The company’s virtual fences have increased in popularity since its pilot customers first began using them in Norway in 2016, with the company recently surpassing 150,000 collars sold across Europe – a strong testament to the success of the new technology. Nofence has over 90 employees worldwide distributed between Norway, UK, Ireland, Spain and the United States.

About Nysnø Climate Investments
Nysnø Climate Investments is a state-owned investment company that invests in companies and funds with technology for reducing greenhouse gas emissions. Nysnø has assets under management of NOK 5.4 billion and invests in renewable energy, digital technologies, resource efficiency, sustainable consumption, and the circular economy. The company is headquartered in Stavanger and is owned by the Ministry of Trade, Industry, and Fisheries.

Contact:
Nofence: Mathilde Chatin, Communications and Public Affairs Director, mathilde.chatin@nofence.no

https://www.nofence.no/

Nysnø Climate Investments:

Joe Eliston, Investment Director, joe@nysnoinvest.no