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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.
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.
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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