
Mitico
Carbon capture solutions utilizing non-toxic granulated metal carbonates for efficient CO2 purification.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | $4.3m | Seed | |
Total Funding | 000k |
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Mitico, a spin-off from the California Institute of Technology, specializes in carbon capture technology aimed at reducing industrial carbon emissions. The company operates in the environmental sector, providing state-of-the-art services and equipment to capture and purify post-combustion CO2. Mitico's core technology leverages granulated metal carbonates (GMCs) to efficiently capture CO2 without generating hazardous byproducts or air contaminants. This approach is designed to be both affordable and competitive, enabling industries, even those hard to decarbonize, to achieve carbon neutrality. Mitico's business model focuses on offering comprehensive solutions that integrate seamlessly into existing industrial processes, thereby reducing emissions more effectively. The company generates revenue through the sale and implementation of its carbon capture systems, targeting industries seeking sustainable and cost-effective ways to manage their carbon footprint. Mitico's commitment to environmental sustainability is reflected in its use of low-impact materials and its dedication to mitigating the impact of carbon emissions through innovative services.
Keywords: carbon capture, CO2 purification, granulated metal carbonates, environmental sector, industrial emissions, sustainability, carbon neutrality, non-toxic technology, Caltech spin-off, emission reduction.