English

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

1047
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
  • A new method for generating controllable optical pulse pairs using a single fiber laser

    Researchers from Bayreuth University and Konstanz University are developing new methods to control ultra short laser emission using soliton physics and two pulse combs in a single laser. This method has the potential to greatly accelerate and simplify laser applications.Traditionally, the pulse interval of lasers is set by dividing each pulse into two pulses and delaying them at different, mechani...

    2024-01-15
    See translation
  • The new Casiris H6 4K UST tricolor laser projector is about to be launched through Indiegogo

    Casir is about to launch the H6 4K UST tricolor laser projector through Indiegogo. The new laser projector has a brightness of up to 3000 ANSI lumens and a BT.2020 color gamut coverage of 110%. It is an ultra short focus projector that runs on Android TV.The Casiris H6 4K UST tricolor laser projector is a brighter and more accurate version of the Casiris A6. It also has greater image projection ca...

    2023-09-18
    See translation
  • EV Group launches EVG 850 NanoClean system for ultra-thin chip stacking for advanced packaging

    EV Group, a leading supplier of wafer bonding and lithography equipment in the MEMS, nanotechnology, and semiconductor markets, yesterday launched the EVG850 NanoClean layer release system, which is the first product platform to adopt EVG's revolutionary NanoClean technology.The EVG850 NanoClean system combines infrared lasers with specially formulated inorganic release materials, and can ...

    2023-12-08
    See translation
  • Shanghai Institute of Optics and Mechanics proposes a new scheme of Er doped silicate fiber as an extended L-band broadband amplifier

    Recently, Hu Lili, a research group of the Advanced Laser and Optoelectronic Functional Materials Department of the Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, proposed a new scheme based on field strength optimization of Er doped silicate fiber as an extended L-band broadband amplifier. Relevant research achievements were published in Optics Letters under the tit...

    2024-06-05
    See translation
  • The UK team collaborated to evaluate epitaxial materials for surface-coupled lasers

    Sivers Photonics, a leading UK-based supplier of optical fiber communications and III-V semiconductor Photonics devices, has announced that it has received an initial order from UK-based laser developer Vector Photonics to evaluate epitaxial materials for a new next-generation surface-coupled laser project.The order, which includes laser manufacturing and life testing, will be the first time the t...

    2023-09-11
    See translation