Mitico: A Cost-Effective Solution for Industrial Carbon Capture

What is Mitico?

Mitico is an accessible solution designed to tackle the impact industrial carbon emissions have on people and the environment. At its core, Mitico technology captures and purifies carbon dioxide right at the source — post-combustion — before it even gets a chance to escape into the atmosphere. Think of it as an emission control system tailored for flue gases from boilers, turbines, and various industrial processes where CO2 concentrations range from 3% to 18%. It’s a straightforward yet powerful approach to carbon capture that fits seamlessly into existing setups.

Main Benefits of Mitico Technology

Mitico stands out thanks to a handful of key advantages that make it both practical and green:

• Affordable: Offers highly competitive capital expenditure (CAPEX) and operational expenditure (OPEX), making it budget-friendly.
• Simple: Easy to operate with straightforward integration into existing systems — no fuss, no hassle.
• Green: Uses low-impact materials and produces no hazardous byproducts, keeping environmental footprints minimal.

How Does Mitico Work?

The magic lies in Mitico’s unique chemical sorbent, crafted from basic, earth-abundant, and environmentally friendly materials. This sorbent is packed into conventional temperature-operated packed bed reactors, which are housed in readily available reactor systems. The process itself is based on pressure- and temperature-swing absorption technology, which can capture more than 95% of CO2 from an effluent stream. This means it’s not just effective — it’s also robust and simple to operate, making life easier for operators.

Scalability and Adaptability

One of Mitico’s standout features is its scalability. The absorption process can be adjusted to fit a wide range of operating capacities, from small-scale setups to world-class industrial applications. This flexibility means it’s adaptable across various technology types and capacities, making it a versatile choice for many industries looking to cut down their carbon footprint without breaking the bank.

Cost-Effectiveness and Environmental Sustainability

Mitico aims to hit a sweet spot where the cost of capturing carbon is actually below the value of the captured carbon itself. In other words, it’s designed not just to be environmentally sustainable but also to generate profits for operators. This approach encourages wider adoption because it aligns economic incentives with ecological responsibility — a win-win scenario that could really shake up how industries handle emissions.

Project Impact on Sustainable Development Goals (SDGs)

• SDG 7: Affordable and Clean Energy — by enabling cleaner industrial processes.
• SDG 9: Industry, Innovation, and Infrastructure — through innovative carbon capture technology.
• SDG 12: Responsible Consumption and Production — by reducing harmful emissions.
• SDG 13: Climate Action — directly tackling carbon emissions to combat climate change.
• SDG 15: Life on Land — minimizing environmental damage from industrial pollutants.

Why Mitico Matters Now

With climate change pressing harder than ever, solutions like Mitico couldn’t be more timely. It offers a practical, cost-effective way to slash carbon emissions right where they’re produced — no need for complex, large-scale infrastructure changes. Plus, its simplicity and affordability mean it’s accessible to a broad range of industries, from small operators to massive plants. In a world where every bit of carbon reduction counts, Mitico’s approach is a breath of fresh air — literally.

What Mitico actually does

Mitico, founded by CEO Clément Cid on technology originating from Caltech research, builds industrial carbon capture systems designed to make CO2 capture economically viable at commercial scale, headquartered in Pasadena, California with a Swiss affiliate entity.

“This funding marks a critical milestone in our mission to make industrial carbon capture not just possible, but economically viable at commercial scale.”

Clément Cid, CEO, Mitico

Where the technology is deployed

• Industrial flue gas capture: systems designed to capture over 95% of CO2 emitted from flue gases
• Refinery demonstration: a completed pilot at Bangchak Corporation’s Phra Khanong Refinery in Thailand, run with AIT
• Hard-to-abate industries: targeting gas-based power generation and other emissions sources difficult to decarbonize by other means

Proof, not just claims

Mitico’s seed round included Gore Ventures, AP Ventures, Halliburton Labs, SOSV and Freeflow Ventures.

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Why this belongs on a sustainability directory

Mitico’s demonstrated capture rate, over 95% of flue gas CO2 at over 99% purity in a real refinery deployment, gives it a direct, measured SDG 13 (Climate Action) case rather than a lab-only or theoretical claim, targeting industrial emissions sources that are otherwise hard to decarbonize.