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Monil

Food · Bærum, Norway · Founded 2022

A startup aiming to design and deliver world-leading livestock tracking, virtual fencing, and grazing technology MoreLess

Monil AS, an agritech company established in Norway in 2022, is focused on automating animal care to support the global transition to sustainable agriculture. The company was founded by a team of engineers with backgrounds from technology firms such as Prox Dynamics/Teledyne FLIR, Energy Micro/Silicon Labs, and Cognite. This founding group includes Torstein Nesse, Geir Morten Mellem, Erik Falk-Petersen, Ottar Røed, Rasmus Larsen, and Mikael Berg. The firm's core business revolves around a virtual fencing system designed for livestock, primarily cattle farmers.

The business operates on a direct-to-consumer (B2C) model, providing hardware and a corresponding software platform to farmers. The product consists of a lightweight, solar-powered smart collar worn by each animal and a mobile application for the farmer. Through the app, farmers can define, adjust, and monitor virtual boundaries for their herds in real-time. If an animal approaches the virtual fence, the collar emits a sequence of audio cues. If it continues and crosses the boundary, it receives a mild electric pulse, conditioning the herd to respond to the sound alone over time. This functionality eliminates the need for physical fences, which is particularly beneficial in rough terrain or for managing rotational and strip grazing. The system saves farmers significant time and labor, with one user reporting savings of 6 to 8 hours per week on fencing tasks.

Beyond containment, the technology serves as a comprehensive herd management tool. It provides real-time GPS tracking of each animal's location, monitors activity levels, and can send alerts for unusual events, which aids in overseeing animal health and well-being. Monil's revenue is generated from the sale of these smart collars and likely involves a subscription or service fee for access to the mobile app and its features. The company emphasizes the return on investment for farmers through reduced feed costs, optimized pasture utilization, and decreased labor. Monil manufactures its collars in Norway in partnership with Hapro Electronics, ensuring quality control and affordability. The company is in its seed funding stage and has received support from investors like Firda and Innovation Norway. Keywords: virtual fencing, livestock management, agritech, cattle farming, grazing management, precision agriculture, smart collar, herd monitoring, rotational grazing, animal welfare, sustainable agriculture, GPS tracking, pasture optimization, B2C agritech, Norwegian startup, farm technology, livestock tracking, strip grazing, digital shepherd, animal containment

Company overview

Monil company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2022
Headquarters
Bærum, Norway
Employees
58
Open positions
6
Dealroom signal
89.6
client focusb2btechnologyAutonomous & Sensor Techsub industryAgriTechbusiness modelManufacturingsectorHard TechindustryFoodindustryTelecom

Valuation & funding

Monil funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Mar 2026 $12M $47M Firda
SEEDEquity / VC Dec 2022 Firda
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthProfitMargin
2026 $1.4M 0% −$5.6M -383.8%
2025 $1.4M 0% −$5.6M -383.8%
2024 $1.4M +24.5% −$5.6M -383.8%
2023 $1.2M +17689.8%
2022 $7K
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Growth signals

Monil website traffic

Latest recorded traffic for Monil is 16K monthly website visits, up 135.3% over the last three months. Monil's team grew 52.6% over the past year.

Latest monthly visits16K 3-month web change+135.3% 1-year team growth+52.6%
Monthly website visits40 observations · Mar 2023–Jul 2026
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Comparisons

Monil compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
ZetifiDeveloping technology that enables farmers to access fast and reliable connectivity Sydney, Australia Operational 17 $20M $48M
Coastal CarbonEmpowering ocean restoration through AI-driven ecosystem monitoring Kitchener, Canada Operational
EcoSystem FarmsEcoSystem Farms has developed a scalable, soilless farming platform integrating plants and fish at scale to help farmers grow more food into the future Adelaide, Australia Operational
BeeholdA startup company from Serbia founded with the aim of developing of solutions that digitizes the process of beehive inspection through precise colony status information in real-time and AI assistant suggestions for optimal beekeeping Niš, Serbia Operational
AgriGuardianWearable safety device that monitors and alerts when a user enters the farm and comes close to registered Guardians Limerick, Ireland Operational
VisiFishOffering machine vision telematics devices that use deep learning techniques to report on risk and welfare within aquaculture by assessing population, growth rate and behaviour London, United Kingdom Operational
AgrolooksProvides services via our multi-objective monitoring and evaluation tool Ede, Netherlands Operational
Map My CropCrop monitoring software that helps to manage farm, monitor fields and predict yields with best sustainable agriculture practices New York City, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Monil's talent

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Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

1 investor on Monil's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
Firda

Global footprint

Where Monil has talent and traffic

Workforce by country
4 countries with
team presence
🇳🇴 Norway73.2%
🇺🇸 United States7.3%
🇬🇧 United Kingdom4.9%
🇸🇪 Sweden2.4%
4 countries shown

In the news

Latest news about Monil

Recent press, funding announcements, and product moves mentioning Monil — open to read from the original sources.

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Market sentiment

What the market is saying about Monil

An AI-synthesized read of the highest-engagement posts about Monil on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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