New Zealand-born agtech company, Halter, has raised $220 million in Series E funding at a $2 billion valuation. The funding was led by Founders Fund, Peter Thiel's firm, and other existing investors including Blackbird, DCVC, Bond, Bessemer Venture Partners, NewView, Ubiquity, Promus, and Icehouse Ventures. Halter makes solar-powered collars for cattle that use audio cues and vibrations to contain and move herds within virtual boundaries. The company has now sold one million of its solar-power collars and serves over 2,000 ranchers and farmers across New Zealand, Australia, and the US. Since launching in the US in 2024, American ranchers have built 60,000 miles of virtual fencing through the platform. The new capital will fund Halter’s continued commercial and field operations expansion across its three existing markets while opening two new ones.