Fundraising Fox

Mitico

Pasadena, US · Founded 2022 · Delaware corporation · 4 known investors

Mitico develops a post-combustion carbon capture technology that collects and purifies carbon dioxide from flue gases at the source before it enters the atmosphere. Its system targets industrial emitters with low CO2 concentrations (3% to 18%), such as boilers, turbines, and other industrial processes.

Founders & leadership

Mitico was founded in 2022 by Clement Cid.

CC
Clement CidFounder
AY
Alan Yalun GuNamed on SEC filing

Board

VB
Vincent BrillaultBoard director
ER
Edward RubinBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$6.4M disclosed across 1 round · 2024

$6.4MraisedMar 2025 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alan Yalun GuDirector
  • Edward RubinDirector
  • Vincent BrillaultDirector
  • Clement CidExecutive Officer, Director
Offering amount
$6.8M
Amount sold
$6.4M
First sale
Dec 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Mitico do?
Mitico develops a post-combustion carbon capture technology that collects and purifies carbon dioxide from flue gases at the source before it enters the atmosphere. Its system targets industrial emitters with low CO2 concentrations (3% to 18%), such as boilers, turbines, and other industrial processes.
Who founded Mitico?
Mitico was founded by Clement Cid in 2022.
Who are Mitico's investors?
Mitico's investors include AP Ventures, FREEFLOW, Halliburton Labs, SOSV.
How much funding has Mitico raised?
Mitico has disclosed $6.4M raised across 1 round.
Where is Mitico headquartered?
Mitico is headquartered in Pasadena, US.