The Canadian AI Index

Companies / Rithmik Solutions

Rithmik Solutions

Rithmik Solutions is an industrial and manufacturing AI company based in Montréal, Quebec. It had raised C$4.3M as of November 2026, most recently a C$99K grant in July 2026 from Canada Economic Development for Quebec Regions (CED).

AI prescriptive maintenance analytics for mobile mining equipment.

rithmik.com

Suggest a correction

Founded
2017
HQ
Montréal, QC
Category
Industrial/Manufacturing AI
Status
Active
Disclosed raised
C$4.3M

Funding history

RoundDateAmountInvestors
GrantJul 15, 2026 C$99KCanada Economic Development for Quebec Regions (CED) (lead). CED Regional Artificial Intelligence Initiative (IRIA), repayable: Rithmik Solutions: commercialization strategy to grow sales
Venture roundDec 2, 2025 US$3MHitachi Construction Machinery. Strategic minority. Participation: Hitachi Construction Machinery

Founders

Sources

Data as of November 10, 2026.

Support the Index by subscribing to the newsletter.

This database updates weekly. Get the update, plus the week's Canadian AI news, by email.

Subscribe on Substack

Opens Substack in a new tab.