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Mitico

Mitico specializes in carbon capture using a unique, patent-pending granulated metal carbonate sorption technology (GMC) developed at Caltech. Their solution captures over 90% of CO2 from post-combustion flue gas, integrating seamlessly into existing systems. Mitico’s approach targets small to mid-scale emitters with a retrofittable, plug-and-play unit that is adaptable to 3–18% CO2 concentrations. With a competitive cost of ~$60 per ton, Mitico supports clients in claiming tax credits. The company also offers an onsite CO2 tracking system. This comprehensive, cost-effective solution is designed for industrial decarbonization, offering high efficiency and environmental safety.
2022
2-10
Los Angeles, California, United States
Carbon CaptureChemicalSustainability

Innovation

Industry Problem

Mitico aims to address the critical problem of carbon emissions, which are a major driver of climate change and environmental degradation worldwide.

R&D Focus

Mitico’s research and development focuses on temperature-assisted post-combustion carbon capture for industrial point sources, using a proprietary, non-toxic potassium carbonate-based sorbent. Operating in a niche segment that targets small to mid-scale emitters with 3–18% CO₂ flue gas, Mitico offers retrofittable, low-cost ‘plug-and-play’ solutions combined with onsite CO₂ tracking technology—making carbon capture simple, scalable, and traceable without disrupting existing operations.

Innovative Solution

Mitico addresses the problem of industrial carbon emissions through a three-part solution designed to reduce, capture, and track CO₂ at the source. Their system is built around a proprietary temperature-assisted fixed bed reactor using a non-toxic, potassium carbonate-based sorbent that absorbs CO₂ efficiently with minimal energy input. This plug-and-play technology is retrofitted into existing industrial setups without process disruptions and is adaptable to flue gas streams containing 3–18% CO₂. To maximize the value of captured emissions, Mitico also offers an onsite and online CO₂ tracking system, enabling clients to verify reductions and generate carbon credits. The captured CO₂, once purified, can be reused, sold, or permanently stored, offering a complete, cost-effective solution for industrial decarbonization.

Solution Effectiveness

Mitico’s solution captures over 90% of CO₂ from post-combustion flue gas using a patent-pending, non-toxic potassium carbonate-based sorbent. Adaptable to 3–18% CO₂ concentrations, it integrates seamlessly into existing systems as a plug-and-play unit with minimal permitting and no hazardous byproducts. Offered at a competitive cost of ~$60 per ton, it supports clients in claiming tax credits such as 45Q. Backed by an ISO-compliant Life Cycle Assessment, Mitico combines high efficiency, affordability, and environmental safety to deliver a practical and scalable carbon capture solution.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$4.3M

Last Funding Amount

$4.3M

Last Funding Date

February, 2025

Startup Stage

Seed

Lead Investors

SOSV, Freeflow Ventures, AP Ventures, Exergon, Halliburton Labs

People

Founders

Board Members

CEO

Products

Product

– Granulated Metal Carbonate (GMC) Sorption Technology: Captures over 90% of CO₂ from industrial flue gases.- Potassium Carbonate-Based Chemical Sorbent: Efficient, non-toxic material for absorbing and releasing CO₂.- Temperature-Assisted Fixed Bed Reactor: Houses sorbent for simple, plug-and-play CO₂ capture in existing plants.- CO₂ Tracking System: Real-time monitoring to maximize emission reduction credits.- Customer Reviews – NA

Star Product

Granulated Metal Carbonate (GMC) Sorption Technology is the core innovation that enables Mitico to capture over 90% of CO₂ from industrial flue gases efficiently and cost-effectively. Its unique use of a non-toxic, potassium carbonate-based sorbent combined with a simple, scalable reactor design makes it a breakthrough solution for reducing carbon emissions at the source.

Demo Product or Complete Product?

Mitico’s first product is the Granulated Metal Carbonate (GMC) Sorption Technology, a carbon capture solution developed from Caltech research. This technology utilizes a non-toxic, potassium carbonate-based sorbent to capture over 90% of CO₂ emissions from industrial flue gases, including those from gas-fired power plants, boilers, and waste-to-energy facilities.

Awards and Recognitions

Awards

– Caltech’s Rocket Fund 2023

Media Apperance

– Pipeline and Gas Journal- MiticoTech

Certifications

– ISO-Compliant Life Cycle Assessment (LCA)

M&A and Collabs

Collab

Collaborated with DNV to rigorously test and validate their patent-pending granulated metal carbonate (GMC) sorption technology and ensure it meets international standards.

Collab

Mitico collaborated with investors such as Exergon who see the potential in Mitico’s scalable and relatively simple carbon capture solution.