Tech Company Financing Transactions
Rithmik Solutions Funding Round
On 3/22/2024, Rithmik Solutions raised $2 million in funding from Chrysalix Venture Capital, Cycle Momentum and Ecofuel Fund.
Transaction Overview
Company Name
Announced On
3/22/2024
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds 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.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1235 Notre-Dame St W 112
Montreal, Quebec, H3C 0B1
Canada
Montreal, Quebec, H3C 0B1
Canada
Phone
Undisclosed
Website
Email Address
Overview
Co-founded by Kevin Urbanski, Amanda Truscott, and Kris Isfeld, with extensive experience in mining operations, mobile equipment monitoring, and software design. Kevin specialises in AI and machine learning, while Kris is a veteran in mining software design.
Management Team
Browse more venture capital transactions:
Prev: 3/22/2024: CountertopSmart venture capital transaction
Next: 3/22/2024: Blockhouse Digital venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs