English

Mirico successfully raised $2 million with unique laser dispersion spectroscopy technology

103
2024-06-28 13:47:39
See translation

In the field of high-performance gas sensing intelligence, Mirico stands out with its unique laser dispersive spectroscopy (LDS) technology, successfully raising $2 million in the latest round of financing.

Recently, Mirico announced this good news. This financing is led by Shell Ventures and New Climate Ventures, with support from the UK Innovation and Science Seed Fund (UKI2S) and other existing and new investors. This funding will help Mirico accelerate the development of its laser based sensing and data analysis platform, and drive the company's commercial expansion in regions such as the United States and Canada.

Mirico CEO Bob Flint expressed great enthusiasm for this financing: "We are honored to be able to obtain this financing, which will greatly accelerate our pace of providing customers with effective monitoring and management of emissions tools to address climate change and support global energy transition. I would like to express my heartfelt gratitude to all investors for not only providing us with financial support, but also providing us with great help in advice and networking. Driven by initiatives such as the United Nations Global Methane Commitment and the US Methane Reduction Plan, we will usher in broader market opportunities, especially in Canada and the Americas, where the energy industry is experiencing an investment boom in solving methane problems."

Jon Greene, the investment manager of New Climate Ventures, also expressed high expectations for Mirico's prospects: "We are pleased to continue deepening our cooperation with Mirico. We are engaged in long-term investment and understand that success requires unremitting efforts, dedication, and firm perseverance. Mirico is such an excellent case, and we look forward to working together with them to enter the next stage of development."

Shruti Iyengar, the investment manager of UKI2S (managed by Future Planet Capital), also emphasized the importance of Mirico technology: "In the context of a severe global average temperature rise of 1.5 ° C, solving methane emissions has become an urgent task. Mirico's unique technology can truly help various industries reduce emissions and become a trusted partner for enterprises looking to reduce operational carbon emissions.". As one of Mirico's early investors, we are delighted to continue supporting them and have confidence in their solutions and team.

With this financing, Mirico will better support initiatives such as the United Nations Global Methane Commitment and the United States Methane Reduction Plan, which aim to drive global action to reduce methane emissions by at least 30% from 2020 levels by 2030, laying a solid foundation for achieving the goal of 1.5 ° C.

Source: OFweek

Related Recommendations
  • Laser solder paste: comprehensive analysis of working principle and application fields

    Laser solder paste is a new type of high-tech laser soldering material that is widely used. Laser solder paste achieves high-precision control of circuit board soldering through laser heating in the electronic manufacturing process. This article will provide a detailed introduction to the working principle of laser solder paste and its applications in fields such as electronic manufacturing and au...

    2024-04-11
    See translation
  • Intel: Has acquired most of ASML's NA extreme ultraviolet lithography equipment in the first half of next year

    According to Korean media reports, Intel has acquired most of the high numerical aperture (NA) extreme ultraviolet (EUV) lithography equipment manufactured by ASML in the first half of next year.ASML plans to produce 5 high NA EUV lithography equipment this year, all of which will be supplied to Intel.They stated that ASML has an annual production capacity of approximately 5-6 High Numerical Apert...

    2024-05-21
    See translation
  • IPG introduces a new dual-beam laser with the highest single-mode core power

    From September 12 to 14, 2023, IPG Photonics, a well-known fiber laser technology leader in the United States, will showcase its latest innovative laser solutions at the Battery Show in Michigan, USA. IPG will also showcase industry-leading fiber laser sources and automated laser systems for electric vehicle battery welding applications.New laser technology pushes the limits of battery welding spe...

    2023-09-14
    See translation
  • Renowned companies such as TRUMPF and Jenoptik participate in high-power laser projects in Germany

    High power laser diodes will be key components of future fusion power plants.Recently, the German Federal Ministry of Education and Research (BMBF) launched a new project called "DioHELIOS". The project will last for 3 years and is part of BMBF's "Fusion 2040" funding program, which aims to build the first nuclear fusion power plant in Germany by 2040.The project will last for three years and rece...

    2024-11-09
    See translation
  • Xi'an Institute of Optics and Fine Mechanics has made significant progress in attosecond imaging research

    Recently, the Xi'an Institute of Optics and Fine Mechanics of the Chinese Academy of Sciences has made significant progress in attosecond imaging research, achieving high-resolution imaging of ultra wide spectrum light sources. The related results were published in the journal Photonics Research under the title "Snapshot coherent diffraction imaging across ultra wideband spectra".Figure 1. Demonst...

    2024-10-26
    See translation