Mitico provides an accessible solution for the mass mitigation of industrial carbon emissions post-combustion. The technology captures and purifies carbon dioxide from flue gases with low CO2 concentrations using a simple chemical sorbent in conventional packed bed reactors. This system offers competitive CAPEX and OPEX while utilizing low-impact, earth-abundant materials for effortless integration.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many industries struggle to reduce carbon emissions due to high costs, complex implementation, and potential environmental hazards associated with existing carbon capture technologies. Current methods often lack transparency and real-time monitoring, hindering effective carbon management and verifiable certification of carbon capture, storage, and utilization.
Solution
Mitico provides an accessible carbon capture technology that uses non-toxic, granulated metal carbonates (GMCs) to capture and purify post-combustion CO2 from industrial emissions. The technology accelerates nature’s chemistry to capture CO2 without generating hazardous byproducts or air contaminants. Mitico employs a collaborative approach to identify and furnish the best solution to meet their carbon footprint reduction goals. The system integrates blockchain-based tracking to ensure real-time monitoring and verifiable certification of CO2 capture, storage, and utilization, enabling transparent and efficient carbon management.
Target Audience
Mitico's primary customers are industries seeking to mitigate the impact of their carbon emissions, particularly those in hard-to-decarbonize sectors.
Features
- Utilizes non-toxic, abundant granulated metal carbonates (GMCs) for CO2 capture.
- Blockchain-based tracking system for real-time monitoring of CO2 from capture to utilization or sequestration.
- Verifiable performance certificates for all parties involved in the carbon capture process.
- Adaptable technology platform suitable for various industrial emission scenarios.
- Competitive CAPEX and OPEX for affordable carbon neutrality.
- Simple operation and easy implementation of capture and tracking technologies.
- Designed with low-impact materials and does not generate hazardous byproducts.