Supercritical is a technology company.
Supercritical is pioneering hydrogen technology to enable industries to transition beyond fossil fuels with innovative clean technology solutions.
Supercritical has raised $16.0M across 2 funding rounds.
Supercritical has raised $16.0M in total across 2 funding rounds.
Supercritical has raised $16.0M in total across 2 funding rounds.
Supercritical's investors include Future Shape, Lightspeed Venture Partners, SOSV, Cherry Ventures, LocalGlobe, MMC Ventures, Octopus Ventures, Speedinvest, Simon Lambert.
Supercritical Technologies, Inc. (SCT) is a Bremerton, WA-based startup founded in 2012 that develops proprietary, patented power plants fueled by waste heat to generate commercial-scale electricity at a fraction of retail rates, promising 100-200+% ROI over 10 years.[1] The technology features a small footprint, flexible fuel options, no water dependence, and zero or reduced emissions, targeting the $100+ billion industrial/energy market with a full product ready stage and 7 employees.[1] It serves industrial clients with waste heat sources, solving high electricity costs and emissions challenges through disruptive, cost-effective power generation.[1]
A distinct entity, Supercritical (gosupercritical.com), founded in 2021, operates a transparent marketplace for carbon removal credits, vetting over 100 dimensions like climate science and delivery risk to help businesses source high-quality credits confidently.[5] It targets enterprises pursuing net-zero goals, addressing opacity in the carbon removal market with price, availability, and quality data across pathways.[5]
Supercritical Technologies, Inc. was founded in September 2012 by CEO Craig Conner, a serial entrepreneur with an MBA from Harvard Business School, BS in Systems Engineering from the U.S. Naval Academy, and experience as a nuclear-trained submarine officer.[1] Conner previously grew and sold four tech companies, including as CEO of 3TIER (wind/solar analytics leader) and General Software.[1] CTO Chal joined from Intellectual Ventures and TerraPower, bringing expertise in supercritical power cycles from Lockheed Martin and submarine refits at Bechtel, inspiring SCT's waste-heat tech.[1] Early traction includes a full product ready stage and patented platforms.[1]
Supercritical (carbon removal) emerged in 2021 from founders CEO Michelle You and CTO Aaron Randall, who previously scaled Songkick to 20M monthly users and $100M GTV, exiting to Warner Music Group after raising from YC, Index, and Sequoia.[5] You's climate investment focus as a LocalGlobe venture partner and TechZero member sparked the idea for transparency in carbon markets.[5] The team includes climate scientists like Dr. Genevieve Hodgins (carbon capture expert) and has grown with backing from Lightspeed Venture Partners, GreenCode, and MMC Ventures.[5]
Supercritical Technologies, Inc. rides the clean energy transition, capitalizing on waste heat recovery in a $100B+ market amid rising electricity demand from electrification and AI data centers.[1] Timing aligns with global decarbonization pushes, as water-independent, low-emission tech addresses grid strain and industrial emissions without subsidies.[1] It influences ecosystems by enabling ROI-positive power for factories, reducing fossil fuel reliance.
Supercritical (carbon marketplace) taps the booming voluntary carbon market, projected to scale amid corporate net-zero mandates.[5] Perfect timing with regulatory scrutiny on credit quality; it standardizes transparency, boosting trust and adoption while supporting pathways like biochar.[5] This shapes the climate tech ecosystem by empowering informed buying, accelerating removal scale-up.
For Supercritical Technologies, Inc., scaling deployments in industrial waste heat sites could capture early market share, fueled by energy security needs and nuclear-adjacent expertise—watch for partnerships amid U.S. manufacturing resurgence.[1] Supercritical (carbon) eyes marketplace dominance as carbon prices rise, with AI-driven vetting and global expansion shaping its path amid stricter ESG reporting.[5] Both embody cleantech innovation: SCT powers efficiency, the marketplace verifies impact—positioning them to thrive in the net-zero economy.
Supercritical has raised $16.0M across 2 funding rounds. Most recently, it raised $13.0M Series A in June 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2023 | $13.0M Series A | Future Shape, Lightspeed Venture Partners, SOSV | |
| Aug 1, 2021 | $3.0M Seed | Cherry Ventures, LocalGlobe, MMC Ventures, Octopus Ventures, Speedinvest, Simon Lambert |