Rithmik Solutions

Assembly Line

Rithmik Solutions Secures $2 Million in Funding to Revolutionize Mobile Mining Equipment Management

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿญ Vertical: Mining

๐Ÿข Organizations: Rithmik Solutions


Rithmik Solutions, a leader in AI-powered analytics for mobile equipment optimization in the mining industry, is thrilled to announce the successful closure of a $2 million funding round. This investment was spearheaded by a syndicate of new and existing investors, demonstrating strong confidence in Rithmikโ€™s innovative approach to reducing greenhouse gas emissions, enhancing equipment uptime and improving operational efficiency. Rithmik Solutions is poised to use this investment to accelerate its growth, further enhance its product offerings, and expand its reach to help mines around the world maximize the efficiency and lifespan of their mobile equipment.

Read more at Business Wire