LanzaTech is an innovative Carbon Capture and Transformation (“CCT”) company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives.
LanzaTech produces next-generation “advanced” fuels by recycling waste industrial gases like those produced from steelmaking and other heavy industrial processes.
LanzaTech was founded in New Zealand in 2005, by Dr. Sean Simpson, Dr. Richard Foster. The company is headquartered in Stokie, Illinois, with offices in Auckland, NZ and Shanghai, China.
LanzaTech harnesses the power of biology and big data to create climate-safe materials and fuels. With expertise in synthetic biology, bioinformatics, AI and ML coupled with engineering, LanzaTech has created a platform that converts waste carbon into new everyday products that would otherwise come from virgin fossil resources.
LanzaTech’s first two commercial scale gas fermentation plants have produced over 30 million gallons of ethanol, which is the equivalent of offsetting the release of over 150,000 metric tons of CO2 into the atmosphere. Additional plants are under construction globally. LanzaTech is based in Illinois, USA.
LanzaTech creates industrial symbioses where the emissions from heavy industry can be used by consumer goods companies to make products that would otherwise come from fossil inputs. LanzaTech forged partnerships with Indian Oil, Virgin Airlines, ANA, and others.
LanzaTech is backed by Novo Holdings, Brookfield Renewable, Mitsui & Co., Suncor Energy, Siemens, ArcelorMittal, CICC, Khosla Ventures, Qiming Venture Partners, K1W1, and others. The company raised $500M in new financing on Oct 03, 2022. This brings LanzaTech's total funding to $810.4M to date. LanzaTech was reportedly valued at a $2.2B in Mar 2022.