The economic and environmental opportunity in methane detection with Mirico

UK Investor Magazine

The UK Investor Magazine was thrilled to welcome Bob Flint, CEO of Mirico, to discuss their methane detection technology and current crowdfunding campaign.

Visit Mirico’s Crowdfunding page here

Mirico is a climate technology company that has developed an innovative laser sensor and analytics platform for detecting methane emissions, which are responsible for one-third of global climate change.

Sign up for ‘Meet the CEO’ webinar 7th January 2025

Their technology provides continuous, precise monitoring capabilities that enable industries to identify and fix even small or short-lived methane leaks in real-time, distinguishing them from competitors who typically only offer periodic snapshot surveys.

Bob outlines Mirico’s market traction with over 20 deployments across five continents, serving customers in oil and gas, landfill, biogas, and agriculture sectors, including major players like Shell. Their intellectual property is protected through three patent families and three trademarks, while their business operates primarily on a hardware-enabled SaaS model, providing emissions insights as a service.

Operating in a rapidly expanding market with a total addressable market of $14.9 billion and a serviceable addressable market of $2.9 billion, Mirico has attracted investment from notable VCs and industry players, including UKI2S, Foresight Williams, Oxford Innovation, New Climate Ventures, and Shell Ventures. The company is currently seeking funds to accelerate sales efforts, deliver on pilot projects, secure additional international pilots, and refine its digital platform.

Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.

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