Supercritical, a leading innovator in green hydrogen production technology, today announced the successful completion of a £14 million Series A investment round, co-led by Shell Ventures B.V. and Toyota Ventures.
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.
Supercritical is confident that it can lower hydrogen production costs to compete with fossil fuel production, catalysing the shift from grey to green energy across industries. Supercritical's high-pressure, ultra-efficient membraneless electrolyser delivers hydrogen at pressures exceeding 220 bar with over 99% hydrogen purity. Their systems will achieve world-leading efficiencies, with energy demand as low as 42kWh/kgH₂. Their innovative approach dramatically reduces operational costs and overcomes key industry challenges, offering scalable solutions without the use of forever chemicals (PFAS), membranes, iridium, and rare earth metals.
Intent on delivering real, sustainable, and cost-effective routes to decarbonisation for the world’s biggest chemical and fuel producers, Supercritical has now formally launched its waiting list. Having already secured several key commercial commitments, the company hopes the waiting list will ensure that those looking to deliver on their net-zero goals cost-effectively can secure their future with Supercritical.
With its innovative technology, world-class team, and strong backing from strategic investors, Supercritical is at the forefront of the green hydrogen revolution. The company is committed to driving the shift from grey to green hydrogen, creating a sustainable future for generations to come.
