
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
- SectorsEnvironment
- Website mitico.tech
- Social LinkedIn
- Legal Name Mitico, Inc.
- Total Equity Funding$11.94M (USD)
in 3 rounds
- Latest Funding Round$4.3M (USD), Series A
Feb 2025
- InvestorsCaltech
& 8 more
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.
- Total Funding $11.94M
- Total Rounds 3
- Last Round Series A β $4.3M
- First Round $1.2M
(May 2024)
- Investors Count 9
All 3 funding rounds of Mitico with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
9 investors in total: 9 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AP Ventures is focused on venture capital investments in decarbonisation. | 2013 | apventures.com | London, United Kingdom | |
Venture capital and accelerator services are provided across multiple sectors. | – | sosv.com | Cork, Ireland | |
Tech startups are accelerated and incubated by FreeFlow. | – | freeflow.zone | Kolkata, India | |
Exergon is recognized as a pan-European venture capital firm focused on energy transition innovations. | – | exergon.com | Paris, France | |
A portfolio of material science-based products is developed. | 1958 | gore.com | Newark, United States | |
Deepbright Ventures is focused on investing in deep tech startups. | – | deepbright.vc | Capellen, Luxembourg | |
Oilfield products and services are provided to the energy sector. | 1919 | halliburton.com | Houston, United States | |
Higher education and research in science and engineering are offered. | 1891 | caltech.edu | United States | |
- | – | alliancesocal.org | - |
Investor details for Mitico
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Mitico
3 people are tracked at Mitico (3 in leadership).
| Name | Role | Group |
|---|---|---|
Clement Cid | Co-Founder & CEO | Leadership |
Alan Gu | Co-Founder & CTO | Leadership |
Leopold Dobelle | Co-Founder & COO | Leadership |
Complete people profiles for Mitico
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mitico
3 dated milestones of Mitico across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Mitico is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $4.3M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carbonclean.com | 2009 | London, United Kingdom | $248.83M | – | Provider of modular carbon capture technology and industrial decarbonization solutions | |
| charmindustrial.com | 2018 | San Francisco, United States | $108M | 92 | Bio-oil-based carbon removal technology is developed from agricultural residues. | |
| svanteinc.com | 2007 | Burnaby, Canada | $477.45M | 49 | Carbon capture solutions from air are provided for industrial emissions. | |
| storegga.earth | 2019 | Aberdeen, United Kingdom | $62.86M | 83 | Geological storage for CO2 emissions and hydrogen projects is developed. | |
| repair-carbon.com | 2020 | Yokneam Illit, Israel | $26.5M | – | Direct air capture solutions for air purification are provided. | |
| avnos.io | 2015 | Singapore | – | – | Cloud-based endpoint protection and management platform is offered. | |
| agreena.com | 2016 | Copenhagen, Denmark | $84.23M | 114 | Carbon credits from regenerative agriculture are provided to businesses. | |
| carbonamerica.com | 2019 | Arvada, United States | $30.35M | – | Carbon capture and sequestration solutions are developed and delivered. |
Detailed competitors of Mitico
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- Full competitor set
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Verified entity values are shown only after access is granted.
Latest news on Mitico
Complete news archive for Mitico
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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Similar companies to Mitico
10 companies that operate in the same segment as Mitico (Pollution & Air Quality Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for enterprise sustainability measurement, reporting, and action is provided. | 2019 | San Francisco, California, United States | USD 184.96 M | – | 295 | |
Weather intelligence and forecasting solutions are provided for industries. | 2016 | Boston, Massachusetts, United States | USD 374 M | – | 115 | |
Carbon dioxide is converted into products via renewable energy technology. | 2015 | Berkeley, California, United States | USD 472.37 M | – | – | |
Independent ratings and risk analytics for carbon projects are provided. | 2020 | London, England, United Kingdom | USD 109.21 M | – | – | |
Carbon dioxide is captured from the atmosphere by Carbon Engineering. | 2009 | Squamish, British Columbia, Canada | USD 107.06 M | – | – | |
Cloud-based solutions for crop management and analytics are offered. | 2016 | Durham, North Carolina, United States | USD 60.75 M | – | 103 | |
Microbe-based plant protection products and yield optimization services are provided. | 2013 | Boston, Massachusetts, United States | USD 1.4 B | – | – | |
Provider of modular carbon capture technology and industrial decarbonization solutions | 2009 | London, England, United Kingdom | USD 248.83 M | USD 7.24 M | – | |
Carbon footprints are tracked via an online platform for users. | 2010 | Wellington, New Zealand | USD 26.27 M | – | – | |
A platform for logistics emissions calculation and reporting is provided. | 2021 | London, England, United Kingdom | USD 14.5 M | – | 20 |
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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. The company's 1st funding round was a Seed of $1.2M, raised on May 2024.
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.
Mitico operates through Mitico, Inc..
