Supercritical Solutions Ltd (“Supercritical”), a leading innovator in green hydrogen production technology, today announced the successful completion of a £14 million ($17.4 million) Series A investment round, co-led by Shell Ventures B.V. (“Shell”) and Toyota Ventures.
Supercritical has secured significant funds and grown its global strategic investor network to streamline its route to decarbonising the chemicals and fuels industries
Patented high-pressure, ultra-efficient electrolyser technology, splitting water with only 42 kWh/kgH2 whilst delivering 200+ bar green hydrogen
With excitement around the technology building, Supercritical launches waiting list for its technology, advising that reservations for delivery are being booked for as early as 2027
With this funding, Supercritical plans to scale its proprietary electrolyser technology to pilot scale with trusted partners. Supercritical will leverage the wide ranging capabilities and know-how of its shareholders to enhance its technology, scale its manufacturing and operations and access new markets. Delivering green hydrogen at world-leading efficiency and at pressures unmatched by any other hydrogen generator, Supercritical is a perfect match for chemicals and fuels, the largest markets for hydrogen production. The company’s technology is a tipping point of viability for projects under economic challenges.
The funding round saw follow-on investment from seed investors Lowercarbon Capital and Anglo American Platinum and attracted new investment from a global consortium including Al Mada Ventures, Blackfinch Ventures, Kibo Invest, Niterra / Global Brain, TOP Ventures (Thai Oil), Earth Ventures, and Alumni Ventures. The round brings a wealth of expertise and resources from Shell Ventures and Toyota Ventures to support Supercritical’s global ambitions in scaling.
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Press release https://tinyurl.com/msf29nd9
