Nofence

Molde, Norway · Founded 2011 · Privately Held (backing)

Developer of a virtual fencing system designed to help businesses manage and track their livestock. Nofence is based in Molde, Norway and was founded in 2011. Its last reported valuation was $42.1 million in Nov 2022. It has raised $53.3 million.

Last reported valuation
$42.1M
Oct 2026
Priced at
—
Total raised
$53.3M
Last round
—

Nofence key facts

as of Oct 2026
  • Developer of a virtual fencing system designed to help businesses manage and track their livestock.
  • Nofence is valued at approximately $42.1M as of Oct 2026 (last reported valuation).
  • It has raised $53.3M; the latest was Later Stage VC ($35.1M) in Sep 2025.
  • Notable investors include Speedinvest, Innovasjon Norge, StartupLab, ECBF Management, Nysno Climate Investments — 17 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$42.1M

Nofence's last reported valuation, Nov 2022. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Nofence funding rounds

No rounds on record

No funding rounds for Nofence are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Nofence valuation

Nofence's last reported valuation was $42.1 million in Nov 2022. No priced round, secondary trade or fund mark has surfaced since.

Nofence investors

17 investors are on record for Nofence, including Speedinvest, Innovasjon Norge, StartupLab and ECBF Management.

About Nofence

Developer of a virtual fencing system designed to help businesses manage and track their livestock. The company's system offers a solar-powered collar with a GPS tracking system that reduces agriculture's environmental footprint by utilizing available pastureland, optimizing grazing rotation, and extending the grazing season, enabling clients to concentrate on looking after their animals and reducing the time-consuming process of maintaining physical fences.

Sector
Information Technology
HQ
Molde, Norway
Founded
2011
Employees
110
Ownership
Privately Held (backing)

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