About MITO Materials
MITO Materials is a company based in Indianapolis (United States) founded in 2018 by Kevin Keith and Haley Marie Keith.. MITO Materials has raised $8.22 million across 6 funding rounds from investors including Techstars, Ingevity and America’s Seed Fund. MITO Materials offers products and services including MITO E-GO and MITO ACRE. MITO Materials operates in a competitive market with competitors including Boston Materials, Tekna Plasma Systems, Daejoo, Aquapak and Evantic, among others.
- Headquarter Indianapolis, United States
- Founders Kevin Keith, Haley Marie Keith
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Sectors
Chemicals & MaterialsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Mito Material Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.22 M (USD)
in 6 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Jan 10, 2024
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Investors
Techstars
& 10 more
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Employee Count
Employee Count
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Products & Services of MITO Materials
MITO Materials offers a comprehensive portfolio of products and services, including MITO E-GO and MITO ACRE. 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.
Additive that improves material strength and durability in composites.
Additive for enhancing flexibility and sustainability in thermoplastics.
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Funding Insights of MITO Materials
MITO Materials has successfully raised a total of $8.22M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in January 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 Funding
- Total Rounds 6
- Last Round Seed — $2.5M
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First Round
First Round
(01 Jan 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - MITO Materials | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - MITO Materials | Valuation | Ingevity |
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| Aug, 2020 | Amount | Seed - MITO Materials | Valuation | Dipalo Ventures , Clean Energy Trust |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MITO Materials
MITO Materials has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Techstars, Ingevity and America’s Seed Fund. 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.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Venture capital fund backed by the US Government
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Founded Year | Domain | Location | |
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Early-stage deep tech investments are made by Dipalo Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MITO Materials
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MITO Materials
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mito Materials Comparisons
Competitors of MITO Materials
MITO Materials 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 Boston Materials, Tekna Plasma Systems, Daejoo, Aquapak and Evantic, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Advanced energy transfer materials are manufactured for energy applications.
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| domain | founded_year | HQ Location |
Spheroidized metal powders for additive manufacturing are developed.
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| domain | founded_year | HQ Location |
Electronic and battery materials are manufactured for automotive applications.
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| domain | founded_year | HQ Location |
Manufacturer of water soluble films for packaging
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| domain | founded_year | HQ Location |
Advanced polymers are developed for diverse applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mito Materials
Frequently Asked Questions about MITO Materials
When was MITO Materials founded?
MITO Materials was founded in 2018.
Where is MITO Materials located?
MITO Materials is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of MITO Materials?
Haley Marie Keith is the current CEO of MITO Materials. They have also founded this company.
Is MITO Materials a funded company?
MITO Materials is a funded company, having raised a total of $8.22M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 01, 2018.
What does MITO Materials do?
Manufacturer of hybrid polymer modifiers. They offer micron-sized hybridized graphene oxide and an epoxide POSS. These can increase durability, shed weight, and boost performance. These can be incorporated via dry powder and a shear dispersion and masterbatch in the polymer system. The products can be used in ester resins, Bisphenol A and Bisphenol F epoxies, and thermoplastics.
Who are the top competitors of MITO Materials?
MITO Materials's top competitors include Boston Materials, Aquapak and Tekna Plasma Systems.
What products or services does MITO Materials offer?
MITO Materials offers MITO E-GO and MITO ACRE.
Who are MITO Materials's investors?
MITO Materials has 11 investors. Key investors include Techstars, Ingevity, America’s Seed Fund, National Science Foundation, and Dipalo Ventures.