Mito Materials Invested 2020

MITO Material Solutions applies new materials to the manufacturing industry to empower the formulation of durable, lightweight, and sustainable composite materials. As a specialty chemical company, MITO produces graphene-based hybrid polymer modifiers that enhance material performance at a 0.1 percent concentration. All of MITO’s products are easily dispersible, safe to handle, scalable solutions designed to empower manufacturers to adopt new materials without changing the current industry processes. In September 2020, Indianapolis-based MITO Materials successfully completed an oversubscribed $1.1 million Seed Series funding round that included VisionTech Angels. The investment came after MITO Materials was awarded more than $1.1 million from the National Science Foundation and participated in the Indianapolis Techstars Accelerator powered by The Heritage Group in late 2019.

 

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