📝 Mitico raises $4.3M

Liam Gill
February 27, 2025

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News of the Day

Mitico, a carbon capture startup, has raised $4.3 million to commercialize its potassium carbonate-based technology, which it claims can capture over 95% of CO2 emissions at a lower cost than traditional methods. Unlike previous attempts, Mitico’s approach binds potassium carbonate into pebbles, preventing them from dissolving after use. The company is piloting its tech at a Thai refinery and aims to expand into natural gas power plants, a sector critical as data centers drive energy demand. With backing from Exergon, AP Ventures, Halliburton Labs, and others, Mitico hopes to make carbon capture economically viable from day one.

Canada's business investment crisis in one chart:
Non-residential investment has plummeted from 14% of GDP to just 10% over the past decade while the US has surged to 15%.
This means:
- Less productivity growth
- Lower wages for Canadian workers
- Reduced international… x.com/i/web/status/1…
— Harley Finkelstein (@harleyf)
12:48 PM • Feb 25, 2025

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