Craig Piggott grew up on a dairy farm in the Waikato district, the main agricultural region of New Zealand. He went on to study Mechanical Engineering at the University of Auckland, before joining Rocket Lab as an early engineer. These two worlds converged in 2016 with the founding of Halter.
Halter is a virtual fencing and pasture management platform that serves as an “operating system” for beef ranches and dairy farms. Their breakthrough platform combines hardware—a lightweight, solar-powered collar and transmission tower—and software—an easy-to-use mobile app—to manage, monitor, and optimize the care of land and animals.
We are thrilled to announce our participation in Halter’s Series D and join Craig and the Halter team on their mission to make ranching and farming more productive, profitable, and sustainable.
Growing labor, land, and regulatory pressures
Today, ranchers and farmers around the world face a few common challenges, from labor shortages to land management and ecological pressures.
Labor is scarce
Ranching was once an intergenerational business, but the 24/7 demands of ranching and grueling manual labor have led younger generations to pursue different paths. As a result, many ranchers struggle to navigate generational transitions and find and retain ranchhands amidst serious labor shortages.
Pasture management is costly and time-consuming
Rotational grazing is critical for the vitality of any pasture-based ranch or farm. It determines the health of the animals and how well a pasture regrows each season. Traditionally, this requires spending hours every day wiring up and maintaining costly, physical fencing around an entire ranch and herding cattle to fresh patches of grass, or to and from the milking shed. Land is a rancher’s most valuable asset, and grass left ungrazed is lost productivity.
Regulatory and climate pressures are growing
Ranchers and farmers have long faced a difficult tradeoff between meeting environmental expectations and staying profitable. Pressures like fencing off waterways, avoiding overgrazing, and reducing feed waste often come without practical, affordable solutions. Whether in the Kansas prairies or forested mountains of California, ranchers and farmers are facing increasing economic and ecological strain.
Few understand the pressures facing the industry better than Craig. He witnessed his parents put in 100+ hour weeks, working tirelessly to care for their herd and preserve their land on a farm in New Zealand. With his engineering background, Craig saw an opportunity to ease that burden through modern technology.