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Mitico - About the company

Mitico is a series A company based in Pasadena (United States), founded in 2022 by Alan Gu, Clement Cid and Leopold Dobelle. It operates as a Provider of carbon capture technology for industrial emissions. Mitico has raised $11.9M in funding from investors like Caltech, SOSV and Exergon. The company has 375 active competitors, including 129 funded and 11 that have exited. Its top competitors include companies like Carbon Clean, Ebb Carbon and Heirloom.

Company Details

Provider of carbon capture technology for industrial emissions. It is an accessible solution to mitigate the impact industrial carbon emissions have on people and the environment. It collects and purifies carbon dioxide at the source post-combustion before it enters the atmosphere. It is similar to an emission control system well-suited for flue gases from boilers, turbines, and industrial processes with low CO2 concentrations. It is positioned to play a pivotal role in the global efforts to combat climate change, offering a range of services that span the entire carbon capture value chain.
Key Metrics
Founded Year
2022
Location
Pasadena, United States
Stage
Series A
Total Funding
$11.9M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
14 as on May 31, 2026
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Mitico's funding and investors

Mitico has raised a total funding of $11.9M over 3 rounds. Its first funding round was on May 29, 2024. Its latest funding round was a Series A round on Feb 25, 2025 for $*****. 8 investors participated in its latest round. Mitico has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Mitico:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 25, 2025
7602132
Series A
9817098
3761441
3930473
1385644
Dec 23, 2024
3602604
Series A
6129681
4815351
1109266
4452570
May 29, 2024
1393574
Seed
1927527
6928583
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Mitico's founders and board of directors

Founder? Claim Profile
The founders of Mitico are Alan Gu, Clement Cid and Leopold Dobelle. Clement Cid is the CEO of Mitico.
Here are the details of Mitico's key team members:

Mitico's employee count trend

Mitico has 14 employees as of May 26. Here is Mitico's employee count trend over the years:
Employee count trend for Mitico
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Mitico's Competitors and alternates

Top competitors of Mitico include Carbon Clean, Ebb Carbon and Heirloom. Here is the list of Top 10 competitors of Mitico, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carbon Clean
Carbon Clean
2009, London (United Kingdom), Series C
Developer of technology for industrial carbon capture and utilisation solutions
$243M
68/100
2nd
Logo for Ebb Carbon
Ebb Carbon
2021, San Carlos (United States), Series A
Provider of electrochemical technology for freshwater recovery, carbon removal, and chemicals
$33.8M
67/100
3rd
Logo for Heirloom
Heirloom
2020, San Francisco (United States), Series B
Provider of direct air capture technology for permanent carbon dioxide removal
$203M
64/100
4th
Logo for Mission Zero
Mission Zero
2020, London (United Kingdom), Series A
Developer of technology to recover carbon dioxide from the atmosphere
$32.8M
64/100
5th
Logo for UNDO
UNDO
2022, London (United Kingdom), Series B
Provider of carbon removal services
$12M
63/100
6th
Logo for CarbonCapture
CarbonCapture
2019, Los Angeles (United States), Series A
Developer of modular direct air capture systems and carbon removal credits
$115M
63/100
7th
Logo for Mombak
Mombak
2021, Sao Paulo (Brazil), Series C
Provider of large-scale reforestation-based carbon removal. It undertakes native, biodiverse reforestation projects to remove significant amounts of atmospheric carbon. The company works with landowners, utilizing various financial models including outcome bonds, to facilitate these projects. This approach aims to restore degraded land, promote biodiversity, and create economic opportunities. It focuses on building long-term partnerships and employing scientific methods to ensure the integrity and effectiveness of its carbon removal initiatives.
$89.2M
63/100
8th
Logo for Charm Industrial
Charm Industrial
2018, San Francisco (United States), Series B
Operator of carbon removal technology converting biomass into bio-oil for sequestration
$108M
62/100
9th
Logo for Agreena
Agreena
2016, Copenhagen (Denmark), Series B
Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions
$84.2M
62/100
10th
Logo for Immaterial
Immaterial
2015, Cambridge (United Kingdom), Series A
Manufacturer of nanoscale metal-organic frameworks
$18.2M
62/100
51st
Logo for Mitico
Mitico
2022, Pasadena (United States), Series A
Provider of carbon capture technology for industrial emissions
$11.9M
45/100
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Mitico's Investments and acquisitions

Mitico has made no investments or acquisitions yet.

Reports related to Mitico

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News related to Mitico

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