Peter Thiel is betting big on AI-powered cow collars — and Canadian investors should be paying attention
Founders Fund, led by Peter Thiel, has invested in Halter, a New Zealand startup that creates AI-powered cow collars. The collars allow farmers to manage cattle remotely, tracking their health and behavior, and are used on over a million cattle across 2,000 farms in New Zealand, Australia, and the US.
Halter, a New Zealand startup, has developed solar-powered smart collars for cows. The collars, combined with a network of low-frequency towers and a smartphone app, enable farmers to create virtual fences and monitor their cattle. The system tracks animal health and behavior, and can even detect when an animal is sick. Halter's founder, Craig Piggott, started the company at 21 and has spent nine years working on the technology. The company has raised $220 million in a Series E funding round, led by Founders Fund. Halter's technology is used on over a million cattle across 2,000 farms in New Zealand, Australia, and the US.
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