TODAY IN FUNDING ($25M): RESSON, UNITO, XANADU

Fredericton-based Resson has raised a $14 million Series C with Indian car manufacturing firm Mahindra & Mahindra — which has 500 dealerships in North America — as a strategic partner.

The round includes 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.

Full article on Betakit.