Thiel’s Founders Fund Backs AI Cow Collar Startup at $2 Billion Valuation

A Halter smart collar on a cow.

Source: Halter

Halter, a startup making artificial intelligence-powered collars for cows, is in talks to raise a new funding round that would double its valuation to more than $2 billion, according to people familiar with the matter.

Billionaire Peter Thiel’s venture capital firm, Founders Fund, is set to lead the financing, said the people, who asked not to be identified discussing private information. The talks are ongoing and details could change.