Monil AS
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Monil AS - overview
Established
2022
Location
Oslo, -, Norway
Primary Industry
Software
About
Based in Lysaker, Norway, and founded in 2022 by Chief Executive Officer Torstein Nesse, Chief Technology Officer Geir Morten Egeberg Mellem, and Chief Operating Officer Ottar Roed, Monil AS operates as a provider of virtual fences with technology-driven systems that allow farmers to monitor and control grazing areas remotely through the Monil app. In 2022, Monil raised venture funding from Firda. Monil AS developed the Monil collar and app, which together enable virtual fencing for grazing animals. The company’s collar is equipped with GNSS and LTE technology for accurate animal tracking and location control, while the app allows farmers to define pastures, monitor animal behavior, and adjust grazing areas in real-time.
In addition, the firm’s solar-powered collar integrates to health monitoring and automated grazing systems, to digitalize animal husbandry by acting as a digital shepherd for farmers worldwide.
Current Investors
Firda
Primary Industry
Software
Sub Industries
Internet, Analytics & Performance Software, Application Integration Software, Monitoring & Security Software, Other Animal Husbandry, Farm Support Services, Farm Equipment
Website
www.monil.com
Verticals
Agtech, Cloud Computing, IoT (Internet of Things), Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Monil AS - financials
| Fiscal Year Ended | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Revenue (USD) | 54,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (8,630,034) | - | - | - |
| Operating Income (USD) | (8,643,588) | - | - | - |
| Operating Margin | (16006.6%) | - | - | - |
| % EBITDA Margin | (15981.5%) | - | - | - |
| NET Income (USD) | (8,723,513) | - | - | - |
| % Net Margin | (16154.7%) | - | - | - |
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