Sprout is super proud to announce our participation in Rithmik Solutions’ Series A funding round, which includes a strategic minority investment from Hitachi Construction Machinery. Based in Montreal, Rithmik is a pioneer in AI-powered performance analytics for mobile mining equipment. This collaboration marks a significant milestone in advancing smart mining, as it combines Rithmik’s real-time data insights with Hitachi’s global expertise to drive innovation and operational excellence across the industry.
Rithmik’s technology is a game-changer because it is fully OEM-agnostic; it provides high-resolution analytics for mixed fleets regardless of the manufacturer. By using advanced AI to detect mechanical issues early and optimize asset health, the platform helps mines increase productivity while significantly reducing fuel consumption and environmental impact. We are excited to support Rithmik as they scale their product suite and expand their footprint within the global digital mining ecosystem.
Our team, including Dionne and our partners, has updated our portfolio to reflect this strategic growth; these details are now ready for review. We invite you to explore how this partnership is shaping the future of sustainable, data-driven mining…
You can read the full press release here: Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovation