The following chart shows the details of Resson Aerospace's $3.025 million venture capital funding announced today:


Funded Company Resson Aerospace Corp.
Founders Peter Goggin, CEO, Rishin Behl, CTO
Business Resson's software analyzes data collected from farm fields to maximimize production.
Deal Details  
Investment C$3.025 million (The parties declined to detail each party's investment)
Lead Investors Rho Ventures Canada, Boston and Montreal
  Jeff Grammer
  Build Ventures, Halifax
  Rob Barbara, Patrick Keefe 
Co-Investors BDC Venture Capital, Montreal
  Nicole LeBlanc
  New Brunswick Innovation Foundation, Fredericton
  Calvin Milbury
  Anonymous Angels
Company's Legal Counsel Tripp Business Law, Moncton
  Michael Tripp
Investors's Counsel Osler, Hoskin & Harcourt, Toronto
  Chad Bayne, Brian Gray
Company Details  
Headquarters Fredericton
Year Founded 2013
Board of Directors Rishin Behl, Peter Goggin, Jeff Grammer, Rob Barbara
Support Programs Pond Deshpande Centre, PropelICT, Planet Hatch, NRC-IRAP
Previous Funding

Resson received a $250,000 convertible debenture from BDC on graduating from the Propel accelerator. That has become part of this funding round.

Major Client McCain Foods
Previous Articles
Resson Unveils Deal with McCain | June 24, 2014
Solving Farmers’ Pain From Above | May 9, 2013