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Resson is a technology company.
Resson has raised $13.9M across 2 funding rounds.
Resson has raised $13.9M in total across 2 funding rounds.
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Resson was an agricultural technology (AgTech) company headquartered in Fredericton, New Brunswick, Canada, that developed a predictive analytics platform for crop management using computer vision, machine learning, big data analytics, and data from satellites, drones, aircraft, and tractor-mounted sensors.[1][2][3] It served farmers, agricultural enterprises, service providers, and growers by analyzing field imagery and sensor data to optimize irrigation, pest control, nutrient management, yields, and sustainability, with features like predictive crop analytics, stress detection, and automated alerts via its Resson Agricultural Management and Analytics System (RAMAS).[1][2][3][6] Founded in 2013, Resson raised $25.16M but ceased independent operations in September 2023, later acquired by McCain Foods in June 2022 to become a business unit enhancing farmer productivity.[2][4]
Resson was founded in 2013 in Fredericton, Canada, as a bioinformatics and data analytics firm focused on modernizing crop management through vision intelligence integrated into farm equipment.[1][2][4] While specific founders are not detailed in available records, the company emerged amid rising demand for precision agriculture, leveraging advancements in drone imagery, remote sensing, and cloud-based analytics to address inefficiencies in large-scale farming.[1][3][6] Early traction included developing RAMAS for real-time crop monitoring and predictive insights, attracting investors like Ontario Centres of Excellence, VentureClash, Fair Ventures, and others, culminating in $25.16M raised; a pivotal moment was its 2022 acquisition by McCain Foods, transitioning it into a dedicated unit for food processors and farmers.[2][4]
Resson rode the precision agriculture wave, capitalizing on drone proliferation, AI-driven analytics, and sustainability pressures amid climate challenges and food security demands.[1][3][6] Its timing aligned with AgTech's growth in Canada—highlighted as a top startup—and global needs for data-optimized farming to cut inputs while boosting outputs, influencing trends like autonomous crop management.[2][6] By integrating multi-source data into actionable tools, Resson advanced the ecosystem, paving the way for corporate-backed AgTech (e.g., McCain's acquisition) and inspiring competitors like Farmers Edge in predictive analytics and nutrient recovery.[2][4]
Under McCain Foods since 2022, Resson operates as a specialized unit, likely focusing on potato crop enhancements and broader food processing analytics rather than standalone revival post-2023 shutdown.[2][4] Trends like AI-sensor fusion, regulatory pushes for sustainable ag, and supply chain digitization will shape its path, potentially expanding to vertical farming or climate-resilient varieties. Its influence may grow through McCain's network, embedding AgTech deeper into industrial agriculture and setting precedents for acquisitions that blend startups with food giants—echoing its origins as a data-driven disruptor in Fredericton.
Resson has raised $13.9M in total across 2 funding rounds.
Resson's investors include Ryan Rakestraw, BDC Capital, Build Ventures, East Valley Ventures, Calvin Milbury, Jeff Grammer, Rob Barbara, BDC Venture Capital, New Brunswick Innovation Foundation.
Resson has raised $13.9M across 2 funding rounds. Most recently, it raised $10.9M Series B in June 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 22, 2016 | $10.9M Series B | Ryan Rakestraw | BDC Capital, Build Ventures, East Valley Ventures, Calvin Milbury, Jeff Grammer |
| Nov 1, 2014 | $3.0M Series A | Rob Barbara, Jeff Grammer | BDC Venture Capital, New Brunswick Innovation Foundation |