Tech Crunch writes: "Mitico raises $4.3M seed round to capture CO2 using 'prehistoric chemistry'

https://techcrunch.com/2025/02/25/mitico-raises-4-3m-seed-round-to-capture-co2-using-prehistoric-chemistry/

Tech Crunch writes: "Mitico raises $4.3M seed round to capture CO2 using 'prehistoric chemistry'

In summary:

Carbon removal startup Mitico has secured $4.3 million in seed funding to advance its innovative approach to capturing carbon dioxide using a method inspired by natural mineralisation processes. Dubbed “prehistoric chemistry” by its founders, the system mimics how CO₂ binds to rocks in nature — turning emissions into stable minerals without needing high temperatures or energy-intensive processes.

The funding round, led by Pale Blue Dot and supported by other climate-focused investors, will allow Mitico to scale its operations and deploy its low-cost, decentralised solution. The technology is designed to be site-flexible and relies on abundant minerals rather than rare or expensive materials.

With the carbon removal sector growing rapidly, Mitico is positioning itself as a scalable, affordable player in the race to draw down atmospheric CO₂ and meet global climate goals.