A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages.<\/p>\n
Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to be led by billionaire Peter Thiel\u2019s Founders Fund, according to a Bloomberg report. The round is attracting heavy investor interest and is close to being filled, though final details are still being negotiated.<\/p>\n
THE SINGLE CRUSHING PROBLEM AMERICAN CATTLE RANCHERS WISH TRUMP WOULD FIX INSTEAD<\/u><\/strong><\/a><\/p>\n Farmers are increasingly looking for ways to lower expenses and boost efficiency \u2014 changes that could eventually affect food prices for consumers<\/u><\/a>.<\/p>\n Beef prices are already soaring, and economists warn Americans shouldn\u2019t expect relief anytime soon as the U.S. cattle herd has shrunk to its smallest size in 75 years.<\/p>\n The decline has been driven by years of drought<\/a>, rising costs and an aging ranching workforce. Experts say rebuilding herds will take years, meaning beef prices<\/a> are likely to remain elevated.\u00a0<\/p>\n According to U.S. Department of Agriculture data, the average price of beef in grocery stores climbed from about $8.60 per pound in February 2025 to $10.12 per pound a year later \u2014 a roughly 18% increase.<\/p>\n THE COST OF THIS GROCERY STAPLE IS NEARING RECORD HIGHS \u2014 AND AMERICANS CAN’T GET ENOUGH<\/u><\/strong><\/a><\/p>\n Against that backdrop, Halter is pitching technology aimed at helping farmers do more with less.<\/p>\n The company\u2019s solar-powered, artificial intelligence<\/a>-driven collars let ranchers herd cattle without fences, using GPS, sound and vibration signals controlled through a smartphone app. The system also tracks livestock health and movement in real time, giving farmers a way to manage herds remotely.<\/p>\n The goal is straightforward \u2014 fewer workers, lower costs and more efficient land use.<\/p>\n THE SURPRISING REASON WHY AMERICANS COULD FACE HIGH BEEF PRICES FOR YEARS<\/strong><\/a><\/p>\n Halter is part of a broader push toward “precision agriculture,” where technology is used to modernize farming. But that sector has struggled in recent years, with a wave of startups collapsing and investors pulling back amid high costs and slow adoption.<\/p>\n The company has also expanded into the U.S., opening an office in Colorado and targeting American ranchers as a key growth market.<\/p>\n If the latest round closes as expected, it would signal renewed confidence that AI can succeed in farming \u2014 an industry where many tech bets have fallen short.<\/p>\n Halter did not immediately respond to Fox News Digital’s request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":" A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages. Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to be led by billionaire Peter Thiel\u2019s Founders Fund, … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69707","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/69707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=69707"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/69707\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=69707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=69707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=69707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}