On May 8, 2018, Resson announced that it has completed its Series C Financing round of $14 million. The round was led by Mahindra & Mahindra, which joined existing strategic partners, McCain Foods and Monsanto Growth Ventures, as well as existing investors, Build Ventures, Rho Canada, BDC Capital, and the New Brunswick Innovation Foundation.
Mahindra & Mahindra is the latest company to join Resson as a strategic partner. The India based company is the world’s largest selling tractor company by volume and boasts over 500 dealerships in North America.
Resson is a New Brunswick-based predictive analytics company that uses large-scale data analytics and natural learning to help major agricultural producers create efficiencies to maximize production and profit margins.
Osler, Hoskin & Harcourt LLP represented Resson with a team consisting of Chad Bayne, Michael Grantmyre and Andrew Irwin (Corporate).
Key Contact
Partner, Emerging and High Growth Companies, Toronto
Team
Associate, Emerging and High Growth Companies, Toronto
Partner, Emerging and High Growth Companies, Calgary
