About Mitico
Mitico is a company based in Los Angeles (United States) founded in 2022 by Clement Cid, Alan Gu, and Leopold Dobelle. Mitico has raised $11.94 million across 3 funding rounds from investors including Caltech, Halliburton and W. L. Gore & Associates. Mitico offers products and services including Carbon Capture Technology and Chemical Sorbent. Mitico operates in a competitive market with competitors including Carbon Clean, Charm Industrial, Svante, Storegga Geotechnologies and RepAir, among others.
- Headquarter Los Angeles, United States
- Founders Clement Cid, Alan Gu, Leopold Dobelle
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Sectors
Environment
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Phone
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Website
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Social
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- Legal Name Mitico, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.94 M (USD)
in 3 rounds
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Latest Funding Round
$4.3 M (USD), Series A
Feb 25, 2025
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Investors
Caltech
& 8 more
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Employee Count
Not available
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Products & Services of Mitico
Mitico offers a comprehensive portfolio of products and services, including Carbon Capture Technology and Chemical Sorbent.
System to collect and purify CO2 from industrial flue gases
Earth-abundant material for CO2 absorption in reactors
Funding Insights of Mitico
Mitico has successfully raised a total of $11.94M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.3 million completed in February 2025. 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.
Investors in Mitico
Mitico has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Caltech, Halliburton and W. L. Gore & Associates.
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AP Ventures is focused on venture capital investments in decarbonisation.
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Venture capital and accelerator services are provided across multiple sectors.
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Tech startups are accelerated and incubated by FreeFlow.
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Investor details for Mitico
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Investments & Acquisitions by Mitico
Investment portfolio details for Mitico
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Financial Statements - Mitico
Detailed financials for Mitico
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Mitico Comparisons
Peer comparison for Mitico
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Competitors of Mitico
Mitico 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 Carbon Clean, Charm Industrial, Svante, Storegga Geotechnologies and RepAir, among others.
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Provider of modular carbon capture technology and industrial decarbonization solutions
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Bio-oil-based carbon removal technology is developed from agricultural residues.
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Carbon capture solutions from air are provided for industrial emissions.
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Geological storage for CO2 emissions and hydrogen projects is developed.
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Direct air capture solutions for air purification are provided.
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Cloud-based endpoint protection and management platform is offered.
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Detailed competitors of Mitico
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Latest news on Mitico
Complete news archive for Mitico
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Frequently Asked Questions about Mitico
Mitico was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Mitico is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Clement Cid is the current CEO of Mitico. They have also founded this company.
Mitico is a funded company, having raised a total of $11.94M across 3 funding rounds to date.
Mitico was founded in 2022 in Los Angeles, United States, as a provider of carbon capture solutions within the environmental technology sector. Carbon dioxide is collected and purified post-combustion at emission sources, with integration suited for boilers, turbines, and processes featuring low CO2 concentrations. A chemical sorbent derived from abundant, eco-friendly materials is utilized in conventional reactor systems to enable capture with reduced operational demands and environmental effects.
Mitico's top competitors include Carbon Clean, Charm Industrial and RepAir.
Mitico offers Carbon Capture Technology and Chemical Sorbent.
Mitico has 9 investors. Key investors include Caltech, Halliburton, W. L. Gore & Associates, Exergon, and AP Ventures.