Indianapolis Indiana based Mito Material Solutions is raising $4,800,000.00 in New Equity Investment.
Indianapolis, IN – According to filings with the U.S. Securities and Exchange Commission, Mito Material Solutions is raising $4,800,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Haley Keith played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Mito Material Solutions
MITO Material Solutions created the MITO additive which can be infused directly into resin systems and then applied to composite components used to manufacture planes, cars, trains, and wind turbines. Our product doubles the interlaminar toughness in composite materials, giving manufacturers the ability to make lighter and tougher parts, thereby reducing the likelihood of mechanical failure. Our additive is non-toxic, safe to handle, and alters no other mechanical properties in the formulation. We service original equipment manufacturers in multiple industries by supplying our additive to material formulators in order to enhance the chemical bonds in epoxy products. RV, boat, and aerospace manufacturers who purchase MITO-powered epoxy are given the ability to make materials lighter, saving them fuel and materials cost; or tougher, which can significantly reduce the likelihood of mechanical failure.
To learn more about Mito Material Solutions, visit http://mitomaterials.com/
Contact:
Haley Keith, Chief Executive Officer
855-344-6486
https://www.linkedin.com/in/haleymarielk/
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