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Mitico raises $4.3M seed round to capture CO2 using ‘prehistoric chemistry’
Mitico thinks that it has found a way to slash the cost of carbon capture using a simple salt that’s been tweaked for industrial duty.
The world is in a pickle: Human activity continues to dump too much CO2 into the atmosphere, raising the risk of catastrophic global warming. But one startup thinks that it has found a way to slash the cost of carbon capture using a simple salt that’s been tweaked for industrial duty. To build larger pilot plants, Mitico raised a $4.3 million seed round, the company exclusively told TechCrunch.
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