Supercritical Solutions Secures Major Investment for Green Hydrogen Technology Expansion
Key Ideas
  • Supercritical Solutions successfully completed a £14 million Series A investment round co-led by Shell Ventures and Toyota Ventures.
  • The funding will be used to scale their membraneless electrolyser technology to pilot scale, aiming to revolutionize green hydrogen production.
  • The company's breakthrough technology promises groundbreaking energy efficiency, lower operational costs, and competitive pricing against fossil fuel production.
  • Supercritical's waiting list for commercial commitments is now open, reflecting strong global demand for their sustainable energy solution.
Supercritical Solutions, a leading innovator in green hydrogen production technology, announced the successful completion of a £14 million Series A investment round co-led by Shell Ventures and Toyota Ventures. The funding will enable Supercritical to scale its proprietary membraneless electrolyser technology to pilot scale with trusted partners. The investment round also saw contributions from existing seed investors and new investments from a global consortium. Supercritical's unique electrolyser technology aims to drive groundbreaking energy efficiency, essential for reducing the levelised cost of hydrogen. This major investment brings expertise and resources from Shell Ventures and Toyota Ventures to support Supercritical's global ambitions in scaling their technology. The company's high-pressure, ultra-efficient membraneless electrolyser delivers hydrogen at pressures exceeding 220 bar with over 99% hydrogen purity, offering world-leading efficiencies with low energy demand. Supercritical aims to compete with fossil fuel production by lowering hydrogen production costs and catalyzing the shift to green energy across industries. CEO Matt Bird expressed excitement about the partnership with investors and the significant role Supercritical's technology plays in enabling the transition beyond fossil fuels. The company has officially launched a waiting list to accommodate the strong global demand for its technology, ensuring organizations can secure a sustainable future with Supercritical. Overall, the sentiment in the article is positive, highlighting Supercritical's pioneering approach and the support it has garnered for reshaping the future of hydrogen production.
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