Fundz

Mitico raised $4.3 million in seed funding led by Exergon to scale its innovative carbon capture technology.

PRIVATEFeb 25, 2025

Amount Raised

$4.3 Million

Round Type

Seed

PasadenaManufacturingRenewable Energy

Investors

Deepbright VenturesSoCal Alliance for InnovationGore VenturesAP VenturesHalliburton LabsSosvFreeflow VenturesExergon

Description

Mitico announced it raised $4.3 million in seed funding to commercialize its granulated metal carbonate sorption technology for capturing CO2 emissions. The funding will accelerate technology piloting and commercial scaling.

Quick answer

Mitico raised $4.3 Million in a Seed round, dated February 25, 2025. Investors: Deepbright Ventures, SoCal Alliance for Innovation, Gore Ventures, AP Ventures, Halliburton Labs, Sosv, Freeflow Ventures and Exergon. Mitico is based in Pasadena, California, United States.

How much did Mitico raise?
Mitico raised $4.3 Million in a Seed round on February 25, 2025.
Who invested in Mitico?
Deepbright Ventures, SoCal Alliance for Innovation, Gore Ventures, AP Ventures, Halliburton Labs, Sosv, Freeflow Ventures and Exergon are named as investors in this round.
What does Mitico do?
Mitico offers industrial point source emitters an end-to-end solution for carbon capture at a fraction of the cost associated with existing technologies.
Where is Mitico based and how big is it?
Mitico is based in Pasadena, California, United States. Fundz records about 10 employees.
Who are the decision-makers at Mitico?
Fundz holds 1 contact at Mitico. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Manufacturing around the same time

Companies in the same sectors as Mitico that raised within 45 days of this round, from Fundz verified event records.

  • Zero Industrial raised $10M (Series A) on April 7, 2025.
  • Electra Battery Materials Corporation raised $1.6M on April 4, 2025.
  • BlueHeart Energy raised an undisclosed amount on April 2, 2025.
  • Aetherflux raised $50M (Series A) on April 2, 2025.
  • Avoxt raised $1.1M (Seed) on March 27, 2025.
  • Novac raised $3.8M (Seed) on March 25, 2025.

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Company Information

Company

Mitico

Location

Pasadena, California, United States

About

Mitico offers industrial point source emitters an end-to-end solution for carbon capture at a fraction of the cost associated with existing technologies. Based on technology from Caltech, Mitico’s mission is to dramatically reduce industrial emissions with affordable and scalable carbon capture solutions.

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