Mirico

Didcot, United Kingdom Founded: 2015 • Age: 11 yrs
Methane gas sensing systems are developed with laser technology.
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About Mirico

Mirico is a company based in Didcot (United Kingdom) founded in 2015.. Mirico has raised $10.94 million across 6 funding rounds from investors including Shell, European Union and Longwall Ventures. The company has 16 employees as of December 31, 2021. Mirico has completed 1 acquisition, including Sedolabs. Mirico offers products and services including Laser Sensor and Analytics Platform. Mirico operates in a competitive market with competitors including Aroma Bit, Tunable, Ball Wave, N5 Sensors and Nevada Nano, among others.

  • Headquarter Didcot, United Kingdom
  • Employees 16 as on 31 Dec, 2021
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mirico Ltd.
  • Date of Incorporation 07 Jan, 2015
  • Jurisdiction DIDCOT, ENGLAND
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.94 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Jun 11, 2024

  • Investors
    Shell

    & 6 more

  • Employee Count
    16

    as on Dec 31, 2021

  • Investments & Acquisitions
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Products & Services of Mirico

Mirico offers a comprehensive portfolio of products and services, including Laser Sensor and Analytics Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Device for continuous methane monitoring at facilities.

Software for processing and reporting emission data insights.

People of Mirico
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Alex Thomas
Senior Electronic Systems Engineer

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Funding Insights of Mirico

Mirico has successfully raised a total of $10.94M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Series A — $2.0M
  • First Round

    (16 Dec 2015)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series A - Mirico Valuation Shell , New Climate Ventures
Jan, 2020 Amount Series A - Mirico Valuation

investors

Apr, 2018 Amount Series A - Mirico Valuation Longwall Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mirico

Mirico has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, European Union and Longwall Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage deeptech businesses are supported through venture capital investments.
Founded Year Domain Location
Early-stage innovations are funded by UKI2S across key sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mirico

Mirico has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sedolabs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based emissions analytics for oil and gas assets are delivered.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Mirico

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mirico Comparisons

Employees
+
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Competitors of Mirico

Mirico operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aroma Bit, Tunable, Ball Wave, N5 Sensors and Nevada Nano, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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MEMS-based chip-scale gas sensors for multiple applications are developed.
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MEMS-based chemical sensors are developed for diverse applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mirico

Frequently Asked Questions about Mirico

When was Mirico founded?

Mirico was founded in 2015.

Where is Mirico located?

Mirico is headquartered in Didcot, United Kingdom. It is registered at Didcot, Oxfordshire, United Kingdom.

Who is the current CEO of Mirico?

Bob Flint is the current CEO of Mirico.

Is Mirico a funded company?

Mirico is a funded company, having raised a total of $10.94M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5.02M, raised on Dec 16, 2015.

How many employees does Mirico have?

As of Dec 31, 2021, the latest employee count at Mirico is 16.

What does Mirico do?

Mirico was founded in 2015 and is based in Didcot, United Kingdom. Methane gas sensing systems are developed by the company for environmental monitoring. High-sensitivity laser technology is utilized to deliver real-time measurements of gas levels. Operations focus on sectors addressing greenhouse gas emissions, with systems deployed to support emission reduction efforts across various applications.

Who are the top competitors of Mirico?

Mirico's top competitors include Aroma Bit, Tunable and C2Sense.

What products or services does Mirico offer?

Mirico offers Laser Sensor and Analytics Platform.

How many acquisitions has Mirico made?

Mirico has made 1 acquisition, including Sedolabs.

Who are Mirico's investors?

Mirico has 7 investors. Key investors include Shell, European Union, Longwall Ventures, UKI2S, and Foresight Williams Technology (FWT).

What is Mirico's valuation?

The valuation of Mirico is $6.08M as of Jan 2020.

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