![]() Unlike traditional emissions avoidance offsets that, until today, were the focus of sustainability programs, Supercritical's marketplace allows corporations to purchase fully qualified carbon removal credits, as set out in the industry standard Science Based Targets initiative (SBTi), that allow them to reach net zero. It will use the funding to grow its team, expand its product offering, and acquire additional customers.Ĭorporates want to reduce their carbon emissions, but most businesses will never be able to achieve full net zero purely through decarbonisation efforts and require carbon removal to do so. Supercritical aims to accelerate the urgent scaling of carbon removal technologies by aggregating business demand and innovating with new purchase models. The round includes funding from RTP Global, Greencode Ventures, MMC Ventures and others. ![]() LONDON, J/PRNewswire/ - Supercritical, the vetted carbon removal marketplace helping businesses reach net zero, today announces it has raised $13m in Series A funding, led by Lightspeed Venture Partners.
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