India's Mahindra leads Resson's $14 mln Series C round
Resson, a Fredericton, New Brunswick-based provider of predictive analytics to the agricultural industry, has raised $14 million in a Series C financing. The round was led by Indian vehicle maker Mahindra & Mahindra Ltd, which joins existing strategic partners McCain Foods Ltd and Monsanto Co. They and Build Ventures, Rho Canada Ventures, BDC Capital, East Valley Ventures and New Brunswick Innovation Foundation also backed the Series C. Resson uses machine learning, big data analytics and computer vision to help growers of crops make better-informed decisions and increase productivity. Founded in 2013, the company is led by CEO Jeff Grammer.
8 May 2018•4 mins read
