Mitico raises $4.3M seed round to capture CO2 using ‘prehistoric chemistry’
by Tim De Chant, TechCrunch February 25, 2025
The world is in a pickle: Human activity continues to dump too much CO2 into the atmosphere, raising the risk of catastrophic global warming.
At the same time, the most climate-friendly way to keep using fossil fuels, carbon capture, has hit a rough patch. Only around 40 facilities worldwide are capturing some of the carbon dioxide they generate, according to the International Energy Administration. Because the installations are too expensive to build and operate, they’ve trimmed global carbon emissions by just 0.01% per year.
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