Rithmik Solutions, a provider of OEM-agnostic, AI-powered performance analytics for mobile mining equipment, has secured a minority strategic investment from Hitachi Construction Machinery as part of its current Series A financing round.
The collaboration marks a significant step in advancing next-generation smart mining, combining Rithmik’s real-time fleet and asset-level insights with Hitachi’s global reach and commitment to digital transformation.
Rithmik’s platform supports mixed fleets across all major mining equipment brands, providing high-resolution analytics that enable interoperability, operational flexibility, and scalable digital solutions for complex mining operations. The investment is part of a broader Series A round, which also includes Chrysalix Venture Capital, Sprout Fund, Fonds Ecofuel, Phoenix Fire, and Developer Capital, and will accelerate Rithmik’s global expansion, product development, and integration into digital mining ecosystems.
“This partnership leverages Hitachi’s global presence and Rithmik’s analytics expertise to deliver unprecedented performance, reliability, and sustainability to customers worldwide,” said Ross Barichievy, CEO of Rithmik Solutions.
Eiji Fukunishi, VP and Executive Officer at Hitachi Construction Machinery, added: “Combining Rithmik’s AI-powered data analysis with our operational insight will provide more flexible solutions, helping increase productivity and reduce environmental impact at mining sites.”
Rithmik’s technology moves beyond predictive maintenance by translating complex equipment data into actionable guidance, aligning Operations and Maintenance around high-impact priorities. This partnership aims to help mining operators navigate rising production pressures, decarbonisation commitments, and increasingly complex operational environments.
