Mitico innovating affordable carbon capture solutions for profitable climate action > Dassault Systèmes

Challenge

Industrial processes release gigatons of CO₂ every year, yet traditional carbon capture solutions remain too costly and complex to scale. Mitico addresses this challenge by making carbon capture more efficient and affordable—turning carbon neutrality from a financial burden into a potential source of revenue.

Mission

Mitico's mission is to provide accessible carbon capture technology and services to mitigate the impact of industrial emissions on people and the climate. Their carbon capture and monitoring technology is designed to be affordable, simple, and environmentally friendly. The goal is to enable industries, including those that are challenging to decarbonize, to achieve carbon neutrality.

Disruptive Innovation

Mitico's disruptive idea is to make carbon capture economically viable and accessible to a wide range of industries. They achieve this by offering:

  • Easy-to-implement and user-friendly capture technology.
  • Competitive capital (CAPEX) and operational (OPEX) costs, enabling affordable carbon neutrality.
  • Use of low environmental impact materials with no dangerous by-products.
  • A business model based on the sale of the platform and a subscription per ton of CO2 captured.
  • Utilization of tax credits and financial incentives to turn carbon emissions into a profit source.
SDG Goal 9-12-13

Impact

Mitico aligns strongly with the UN Sustainable Development Goals by embedding innovation, sustainability, and climate action at the core of its mission.

  • SDG 9: Industry, Innovation, and Infrastructure : The team is developing innovative carbon capture technology to make carbon neutrality more accessible. The company invests in R&D to improve and scale up its systems.
  • SDG 12: Responsible Consumption and Production : Mitico's technology promotes responsible production by helping industries lower their carbon footprint. It uses non-toxic, abundant materials and generates no harmful by-products, supporting sustainability.
  • SDG 13: Climate Action : The company's core mission is to capture and purify CO2 from industrial sources. Its technology aims to reduce the climate impact of industrial emissions by providing an affordable, simple, and eco-friendly carbon capture solution.

Leveraging the 3DEXPERIENCE platform

The team uses the 3DEXPERIENCE platform to connect its products across design and engineering processes, enhancing collaboration and optimizing the development of its solutions, including the design of chemical sorbents.

Collaborative & Collective Intelligence

Mitico adopts a collaborative approach with its clients to identify the best solutions for reducing their carbon footprint. The team works closely with clients to understand their main sources of emissions and tailor solutions to their specific needs. Additionally, while they provide the technology for CO2 capture, purification, and monitoring, they collaborate with partners for CO2 utilization and sequestration. This collaborative approach allows the company to focus on its core competency in carbon capture while benefiting from the expertise of partners in complementary fields.

Mitico

Mitico

Mitico provides affordable, user-friendly carbon capture technology that makes carbon neutrality accessible and economically viable. By offering easy-to-implement solutions and leveraging incentives like the U.S. 45Q credit, Mitico turns carbon capture from a cost into a revenue opportunity while promoting sustainable industry.

Meet the Team

Clement Cid, Phd
CEO & Co-founder
Alan Gu, PhD, PE
CTO & Co-founder
Leopold Dobelle
COO & Co-founder
Kevin O'Connor
R&D Scientist
Wuwei Mo
R&D Technician
Sophie Marie Pina
R&D Intern
Ron Rogers
Director International Operations
Church Lewis
Financial Advisor
Hannah Szentkuti
Scientific Advisor

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