On July 8, 2021, Rithmik Solutions closed a US$1.2M investment round led by Chrysalix Venture Capital and joined by Fonds Ecofuel.
The funding will accelerate the commercialization of the company’s flagship product, Rithmik Asset Health Analyzer (AHA), which has been in development for the past three years and is currently undergoing real-time onsite trials in Alberta, Quebec and Zambia.
A Fasken team comprised of Jean-Nicolas Delage, Constantinos Ragas, Dan Su, and Emily Dufresne, acted for Rithmik in connection with this investment.
Jurisdiction
- Québec
