2 years ago

Supercritical Raises $13 Million to Scale Carbon Removal Marketplace

  • Supercritical, a carbon removal marketplace, has raised $13 million (£10.2 million) in a Series A funding round led by Lightspeed Venture Partners

  • The company allows businesses to offset their emissions by purchasing carbon removal credits, offering solutions such as direct air capture, biochar, and tree planting

  • The funding will be used to expand the team, build out the product, and acquire new customers

  • Supercritical was co-founded by Michelle You, who previously co-founded Songkick, and Aaron Randall, who was Songkick's CTO.

      • ProblemEnvironmental

      "making it possible for businesses to offset their emissions by purchasing carbon removal credits"

      Solution

      "Supecritical's carbon removal marketplace allows businesses to purchase credits from projects that remove CO2 from the atmosphere, such as direct air capture, biochar, planting trees, enhanced weathering, and bio-oil."

      Covered on