Mahindra joins McCain and Monsanto as investor in Big Data company Resson

  • 新闻
  • 食品趋势
  • Mahindra joins McCain and Monsanto as investor in Big Data company Resson
Resson combines the latest advancements in computer vision, machine learning and big data analytics to provide growers with actionable insights using their field data.
(Courtesy: Resson)

Resson combines the latest advancements in computer vision, machine learning and big data analytics to provide growers with actionable insights using their field data.
(Courtesy: Resson)

五月 10, 2018
Resson, a predictive analytics company for the agricultural industry, has announced a $14 million Series C up round of financing that welcomed Mahindra & Mahindra as a strategic partner.

The Indian conglomerate joins existing strategic partners McCain Foods and Monsanto Growth Ventures as well as existing investors Build Ventures, Rho Canada, BDC Capital, East Valley Ventures and the New Brunswick Innovation Foundation.

Resson's strategic partners and investors participated in this round of financing. The company previously received a $US 11 million Series B funding round in June 2016.

Resson uses machine learning, big data analytics and computer vision to help growers of crops like potatoes, spinach and grapes make better-informed decisions about crop management to increase productivity on their farms.

Using cameras mounted on tractors or drones, the Resson Agricultural Management and Analytics System (RAMAS®) provides a dashboard view that delivers insights that help better manage yields, crop inputs and agronomy decisions.

Mahindra & Mahindra is the latest company to join Resson as a strategic partner. Headquartered in India, Mahindra & Mahindra is the world's largest selling tractor company by volume, and the company boasts over 500 dealerships in North America.

Rajesh Jejurikar, President, Farm Equipment Sector, Mahindra & Mahindra:

“Agriculture is an increasingly technology-intensive business, and Resson's precision farming solutions will help growers get more yield from every acre.”

“We are delighted to join McCain Foods Limited and Monsanto Growth Ventures as a strategic partner of Resson.”
Resson is actively working in partnership with McCain Foods and its team of agronomists to test and advance the Company's technology in real life commercial potato farming environments.

McCain Foods was Resson's first customer and has been a hands-on strategic partner to the company from its earliest days.

Max Koeune, President and CEO of McCain Foods Limited:

“McCain has a proud history of advancing agricultural practices in potato growing and we remain committed to this approach.”

“Our desire for continual improvement fuels our ongoing drive to partner with leading edge technology companies such as Resson, to create breakthrough innovation in agricultural technologies and set new standards for efficient crop production.”
Jeff Grammer, CEO of Resson:

“Our strategic partners have been critical to the development of our technology and our rapid growth over the last two years.”

“With the addition of Mahindra & Mahindra, we will expand our understanding of predictive analytics to maximize yields and profits for growers.”
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world
六月 27, 2024

J&J Green Paper implements its sustainable packaging initiative Janus® with largest independent McDonalds franchisee in the world

J&J Green Paper has announced that its revolutionary JANUS® barrier technology is being used by Arcos Dorados Holdings, Inc., the world’s largest independent McDonald’s franchisee and a local packaging supplier in Argentina.
España: se celebró la sexta edición del Papatour en Canarias
六月 25, 2024

España: se celebró la sexta edición del Papatour en Canarias

La sexta edición del evento que reúne a productores y asociados al sector celebró con éxito su sexta edición.
The UN says 40% of the world's land is already unable to sustain crops
六月 22, 2024

UN food chief on soil degradation: Poorest areas have zero harvests left

Droughts and flooding have become so common in some of the poorest places on Earth that the land can no longer sustain crops, the director of the World Food Programme’s global office has said.
Sponsored Content