Mito Material Solutions is a technology company.
Mito Material Solutions has raised $1.0M across 1 funding round.
Key people at Mito Material Solutions.
Mito Material Solutions has raised $1.0M in total across 1 funding round.
Key people at Mito Material Solutions.
Mito Material Solutions has raised $1.0M in total across 1 funding round.
Mito Material Solutions's investors include Evergreen Climate Innovations.
MITO Material Solutions is a specialty chemical company developing functionalized graphene and biomaterial additives that enhance the strength, durability, flexibility, and sustainability of composites and thermoplastics.[1][2][3][4] Founded in 2018, it targets manufacturers in transportation (e.g., automotive, trains, cargo ships), sporting goods (e.g., skis, bicycles, baseball bats), infrastructure (e.g., roads, bridges, concrete), and energy sectors like wind farms, enabling lighter, stronger products amid decarbonization demands.[1][2][3] The company's patented chemistry platform, including its flagship E-GO product commercially adopted in 2022 by Folsom Custom Skis, functionalizes hard-to-use materials like graphene with POSS for seamless integration into existing production, reducing loading needs by 20x and boosting mechanical performance up to 135%.[2][3]
MITO serves industrial manufacturers facing material limits, solving problems like production capacity constraints for carbon fiber and fiberglass by making graphene dispersible with simple tools like a drill mixer, promoting efficiency and sustainability.[1][2]
MITO Material Solutions was founded in 2018, emerging from university research when Co-Founder and CEO Haley Marie Keith recognized the potential of her work on additives for carbon fiber composites and transitioned to entrepreneurship.[1][2] Key leaders include CTO Kevin Keith, VP Sales Tom Schrepferman, VP Technology Mahdi Gazezidah, VP Operations Caio Lo Sardo, and Co-founder/Lead R&D Scientist Bhishma Sedai.[2] The idea stemmed from improving legacy industrial materials for better quality of life, starting in a small Oklahoma incubator before accelerating via The Heritage Group Accelerator Powered by Techstars in Indiana.[3]
Pivotal moments include opening a growth-oriented facility on 86th Street in Indianapolis in April 2022, compressing 12 months of progress into 12 weeks through mentorship on go-to-market, hiring, fundraising, and proof-of-concept; commercial adoption of E-GO in 2022; and partnerships like with Vartega for graphene-enhanced carbon fiber.[2][3]
MITO rides the decarbonization and energy transition wave, addressing carbon fiber production limits amid surging demand for lightweight materials in wind energy, electric vehicles, and infrastructure resilience.[1][3] Timing aligns with market forces like sustainability mandates, EPA regulations, and infrastructure pushes for durable roads/bridges, where MITO's additives enable "smarter material choices" without overhauling supply chains.[1][3]
By functionalizing graphene—the "only verified" option on the market—MITO influences the composites ecosystem, partnering on standards to include startup perspectives against larger players, accelerating hardtech adoption despite long sales cycles, and bridging manufacturing with cleantech via accelerators like Greentown Labs and Heritage Group.[1][2][3]
MITO is poised to expand its additives across automotive, aerospace, and renewables, with visions of transforming cars, planes, windmills, and infrastructure for a sustainable world.[1] Trends like graphene commercialization, hybrid material demand, and government incentives will propel growth, evolving MITO from incubator startup to industry shaper via facility expansions and partnerships.[1][2][3] Expect broader ecosystem influence as it pioneers usability in high-stakes sectors, ultimately redefining material efficiency from the ground up.
Mito Material Solutions has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in August 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2020 | $1.0M Seed | Evergreen Climate Innovations |
