Rithmik Solutions, a Montreal, Canada-based firm which focuses on AI-powered analytics for cellular gear optimization within the mining trade, raised $2M in funding.
Backers included Cycle Momentum, DevCap, angel traders from AngelOne and the Golden Triangle Angel Community and Archangel’s Adrenaline Fund, and former traders Chrysalix Enterprise Capital and Ecofuel.
The corporate intends to make use of the funds to speed up its progress, additional improve its product choices, and broaden its attain to assist mines around the globe maximize the effectivity and lifespan of their cellular gear.
Rithmik Options presents AI-driven analytics for cellular gear administration for the mining trade. Its Asset Well being Analyzer (AHA™) expertise supplies early and actionable detection of kit points, insights for upkeep planning, and intelligence to handle operational inefficiencies. By integrating with present techniques and providing vendor-independent insights, the corporate empowers mines to deal with operations and sustainability.
FinSMEs
22/03/2024
