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INDUSTRIAL | Basic Materials / Specialty Chemicals
mitomaterials.com

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Founded Year

2016

Stage

Seed VC | Alive

Total Raised

$2.22M

Last Raised

$1M | 1 yr ago

About Mito Material Solutions

Mito Material Solutions's product, a nano-additive named the "MITO T-Series," can be mixed with an epoxy or resin to toughen composite parts.

Mito Material Solutions Headquarter Location

9465 Counselors Row Suite 200

Indianapolis, Indiana, 46240,

United States

855-344-6486

Latest Mito Material Solutions News

Okalahoma-based Cortado Ventures raises $ 20 million – TechCrunch

Mar 31, 2021

Okalahoma-based Cortado Ventures raises $ 20 million – TechCrunch The team behind Cortado Ventures believe there are many untapped investment opportunities in the Midwest. To change that, he raised $ 20 million in what appears to be Okalhoma’s largest venture capital fund to date. The firm is headed by partners Nathaniel Harding, David Woods and Mike Moradi. In a Medium article, Harding (an angel investor and former oil and gas entrepreneur) recalled how he, a Moradi, discussed the need for an Oklahoma-based venture capital fund in 2017. They had planned to launch the company – which is making start-up and Series A investments – just over a year ago, and the pandemic has only given them a greater sense of urgency. “With the pandemic threatening Oklahoma’s economy, more attention than ever has been paid to the need to diversify our economy and create forward-looking tech jobs,” said Harding. “There was also a feeling that innovation and startups would multiply, and that disruption and adoption of technology would accelerate. In fact, we say there has never been a better time to start a new business. Our investors have also felt it. “ Although the company’s first fund only recently hit its $ 20 million cap, it has already invested in nine startups, including Tulsa-based text marketing firm RespondFlow, Socialwyze of Dallas (which helps people under -employed to find flexible work) and the hybrid materials start-up Mito Material Solutions at Still Water. Cortado was created with the thesis that the region was “underfunded,” but Harding told me there was no geographic restriction on investments. “We look at companies from anywhere,” he says. “We care more about what businesses do and less about where they are.” Harding suggested that Oklahoma is particularly rich in entrepreneurs with experience in traditional industries like energy, aerospace, agriculture, and manufacturing. And being based in Oklahoma City didn’t stop Cortado from supporting founders with diverse backgrounds – he said the majority of the portfolio was led by women, people of color and first-generation immigrants. Asked whether the regional ecosystem will also need more late-stage businesses to fund the growth of successful startups, Harding said, “Early-stage funding is often very local, but funding at the early stages is often very local. later stages, once you hit nine-digit valuations are known commodity. Once you get to a C and D series […] you have a global investment market. “

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Expert Collections containing Mito Material Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mito Material Solutions is included in 1 Expert Collection, including Advanced Materials.

A

Advanced Materials

1,218 items

Startups developing new or improved materials (chemicals, alloys, etc.) that provide physical or functional advantages to basic materials.

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