Saudi AI startup RIME has raised more than $2 million in a Seed funding round led by SEEDRA Ventures, with participation from Athla Investment, Unity Invest Partners, and angel investors.
Founded in 2024 by Mohammed Almarshidi and Arif Alotaibi, RIME develops a platform that enables enterprises to deploy AI Agents powered by Edge Computing and AIoT to make real-time decisions at operational sites.
The company will use the new funding to strengthen its presence in Saudi Arabia, accelerate platform development, and help enterprises deploy scalable AI applications across day-to-day operations.
Press release:
Rime, a Saudi startup specialising in operational AI solutions, announced the successful closure of a seed investment round exceeding $2 million. The round was led by Seedra Ventures, with participation from Athlah Investment, Unity Invest Partners, and a group of prominent angel investors. The funding will support the company's expansion plans and accelerate the development of its proprietary technology platform.
