Meet Supercritical: London startup raises £2M to offer true carbon removal techniques and tackle climate change
The efforts to curb the rate at which pollution is being pumped into the environment was stepped up with the Paris Agreement. However, businesses create a lot of the pollution that either needs to be lowered or removed from the atmosphere to meet one of the critical goals of the agreement, to keep the earth’s warming below 1.5 degrees Celsius.
Enter Supercritical, a startup offering businesses the option to reach carbon net zero output via its offerings. The London-based company has secured £2 million in pre-seed funding, which was led by LocalGlobe and will be utilising it to further ramp up its mission to make climate action accessible for all businesses.
Post funding, the startup will also hire more people to grow its team.
Supercritical’s offerings might seem akin to the conventional offsets that many services currently provide. However, in an exclusive conversation with UKTN, the company’s CEO and Co-founder, Michelle You, notes that it is much more. When one buys conventional offsets, it means that someone else is getting paid not to emit the same amount of carbon into the atmosphere. So, the carbon emitted by a company still remains in the atmosphere.
On the contrary, Supercritical offers high-impact carbon removal offsets via its software platform. The software is said to measure a company’s carbon footprint, create an actionable plan for reducing emissions, and recommends a portfolio of high-quality carbon removal offsets to buy.
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