Fundz

Rime, a Riyadh-based AIoT startup, raised over $2M in seed funding led by SEEDRA Ventures to enhance its market presence and develop its AI software stack.

PRIVATEAug 27, 2026

Amount Raised

$2 Million

Round Type

Seed

RiyadhInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Athlah InvestmentUnity Invest PartnersSeedra Ventures

Description

Rime, a Riyadh, Saudi Arabia-based Artificial Intelligence of Things (AIoT) startup, raised over $2M in seed funding. The round was led by SEEDRA Ventures, with participation from Athlah Investment and Unity Invest Partners. The company will use the capital to enhance its commercial market presence and accelerate the development of its physical AI software stack. Founded in 2024, Rime develops an end-to-end AIoT platform for deploying autonomous software agents on edge devices.

Quick answer

Rime raised $2 Million in a Seed round, dated August 27, 2026. Investors: Athlah Investment, Unity Invest Partners and Seedra Ventures. Rime is based in Riyadh, Riyadh Region, Saudi Arabia.

How much did Rime raise?
Rime raised $2 Million in a Seed round on August 27, 2026.
Who invested in Rime?
Athlah Investment, Unity Invest Partners and Seedra Ventures are named as investors in this round.
What does Rime do?
Rime is a Riyadh-based startup focused on Artificial Intelligence of Things (AIoT) and edge computing.
Where is Rime based and how big is it?
Rime is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 22 employees.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Rime that raised within 45 days of this round, from Fundz verified event records.

  • Preference Model raised $16M (Seed) on October 11, 2026.
  • Loop Data raised $3.1M on October 9, 2026.
  • Klarent raised $8M (Seed) on October 9, 2026.
  • Tasklet raised $13M on October 9, 2026.
  • TypeSafe AI raised $870M (Series A) on October 9, 2026.
  • Verso raised $6M (Seed) on October 8, 2026.

Who to call at Rime, and when

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Company Information

Company

Rime

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Rime is a Riyadh-based startup focused on Artificial Intelligence of Things (AIoT) and edge computing. Founded in 2024, it develops an end-to-end AIoT and physical AI operating platform that deploys autonomous software agents on edge hardware. The platform connects to existing optical cameras and environmental sensors to process data locally. Rime aims to help enterprise clients with scalable local automation in alignment with Saudi Arabia's Vision 2030.

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Rime raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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