Supercritical Solutions Secures £14 Million Series A to Revolutionize Green Hydrogen Production
Key Ideas
  • Supercritical Solutions raised £14 million in Series A funding co-led by Shell Ventures and Toyota Ventures to advance green hydrogen technology and promote a sustainable future.
  • The startup aims to lower hydrogen production costs to under £1/kgH2 within the decade by offering scalable, PFAS-free, membrane-free, and iridium-free solutions.
  • Their high-pressure, ultra-efficient electrolyser technology has the potential to significantly reduce operational costs, achieve high purity, and drive the shift from grey to green energy.
  • Supercritical's innovative membraneless electrolyzer technology has attracted a global consortium of investors, marking a significant milestone in their mission to reshape the future of hydrogen production.
Supercritical Solutions, a green hydrogen tech startup founded in 2020, has secured £14 million in Series A funding, co-led by Shell Ventures B.V. and Toyota Ventures. The company aims to revolutionize green hydrogen production by significantly reducing costs and promoting a sustainable future where renewable energy solutions are financially viable without subsidies. Supercritical's electrolyser technology, which is the first of its kind, can deliver hydrogen and oxygen at pressures exceeding 220 bar with high efficiency and purity. By eliminating the use of forever chemicals, membranes, iridium, and rare earth metals, the startup's approach addresses key industry challenges and offers scalable solutions for green hydrogen production. The funding round included investment from seed investors Lowercarbon Capital and Anglo American Platinum, as well as new investment from a global consortium of backers. The technology developed by Supercritical has the potential to lower hydrogen production costs to under £1/kgH2 within the decade, driving the transition from grey to green energy across industries. Key figures from Toyota Ventures and Al Mada Ventures highlighted the groundbreaking energy efficiency of Supercritical's electrolyzer technology and its role in accelerating the global energy transition. Additionally, Morocco's commitment to green hydrogen presents an opportunity for Supercritical to contribute to the country's 'Morocco Offer' and reshape the future of hydrogen production. The CEO of Supercritical expressed excitement about the partnership with investors and the company's mission to enable industries to transition beyond fossil fuels. Formal launch of a waiting list signals strong global demand for Supercritical's technology, with several commercial commitments already secured. The startup envisions the waiting list as a means for organizations to achieve their net-zero goals efficiently with Supercritical's innovative solutions.
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