Mitico

Private

Pasadena, CaliforniaEnergy & Sustainabilityhttps://www.mitico.tech/

Last Round

Seed

Feb 25, 2025

Total Funding Raised

$6.05M

Company Overview

Mitico is a climate tech company that provides industrial carbon capture, utilization, and storage services using granulated metal carbonate sorption technology.

Sector

Energy & Sustainability

Verticals

Carbon Capture, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Usage-Based SaaS

AI Layer

Non-AI

Keywords

carbon captureindustrial decarbonizationpoint-source capturecarbon techcarbon removalnet-zero technologyCO2 capturecarbon capture hardwareindustrial emissionscarbon scrubbingchemical sorbentcarbon accountingCO2 tracingclimate tech

Historical Pricing

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Mitico Comps

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Mitico comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Mitico Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Feb 25, 2025
Pre Seed	Dec 1, 2023
Grant	Apr 27, 2023

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Key People

Founding team and executive leadership

Clément Cid

Co-Founder And CEO

Founding Team

Mitico Investors

Notable investors and investment history

Mitico investors
Investor	Rounds
California Institute of Technology Investment Office	Pre Seed
Freeflow Ventures	Pre Seed, Seed
Exergon	Seed
SoCal Alliance for Innovation	Seed
Halliburton Labs	Seed
Gore Ventures	Seed
AP Ventures	Seed

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Market signals

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Feb 25, 2025
$4.3M raised in Seed round.

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Mitico Filings

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Data table
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Mitico Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPasadena, California

Employee Range15

Year Founded2022

Last FundingFeb 25, 2025

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