What is LanzaTech?
Headquartered in Skokie, Illinois, LanzaTech Global, Inc. operates at the intersection of biotechnology and industrial manufacturing. The company specializes in carbon refining, utilizing novel biocatalysts to convert waste carbon streams into valuable chemical intermediates such as acetone, isopropanol, and various industrial solvents. By effectively closing the carbon loop, LanzaTech provides a sustainable alternative to traditional fossil-based feedstocks, positioning itself as a foundational player in the green chemistry market.
The firm's market position is bolstered by its ability to integrate into existing industrial infrastructure, allowing for the rapid deployment of its carbon-capture solutions. As industries face mounting pressure to reduce their environmental footprint, LanzaTech's technology offers a scalable pathway to produce polymers and fuels without relying on virgin carbon sources, thereby driving innovation in the sustainable materials sector.
How much funding has LanzaTech raised?
LanzaTech has raised a total of $1.1B across 15 funding rounds:
Series D
$60M
Series E
$72M
Debt
$2M
Unspecified
$50M
Private Equity
$30M
Private Equity
$500M
Debt
$40M
Grant
$3M
Other Financing Round
$200M
Series D (2014): $60M led by Malaysian Life Sciences Capital Fund, Mitsui & Co., Khosla Ventures, Qiming Venture Partners, and Siemens venture capital
Series E (2019): $72M supported by Novo Holdings
Debt (2020): $2M featuring PPP
Unspecified (2020): $50M backed by All Nippon Airways, Suncor Energy, U.S. Department of Energy, and Mitsui & Co.
Private Equity (2021): $30M with participation from ArcelorMittal
Private Equity (2022): $500M led by Brookfield
Debt (2024): $40M supported by Carbon Direct Capital
Grant (2024): $3M, investors not publicly disclosed
Other Financing Round (2025): $200M backed by U.S. Department of Energy
Key Investors in LanzaTech
U.S. Department of Energy
A Cabinet-level federal agency that formulates energy policy and drives innovation in conservation technologies and renewable energy development.
Brookfield
A leading global investment firm focused on long-term wealth creation through the management of high-quality assets in renewable power, infrastructure, and private equity.
Mitsui & Co.
A global trading and investment company that supports industry growth and promotes the global transition to low-carbon and renewable energy solutions.
What's next for LanzaTech?
With the successful closure of this major strategic investment, LanzaTech is well-positioned to accelerate the commercial deployment of its carbon-refining processes. The company is expected to focus on expanding its production capacity and refining its biocatalyst suite to address a broader range of industrial applications. By leveraging its deep relationships with global partners and government agencies, LanzaTech aims to solidify its leadership in the carbon management ecosystem.
Future growth will likely center on scaling operations to meet the rising demand for sustainable consumer goods and low-carbon fuels. As the company continues to mature, its focus will remain on enhancing operational efficiency and driving the widespread adoption of its circular carbon technology, ultimately contributing to the long-term resilience of global supply chains.
