What is LanzaTech?
LanzaTech Global, Inc., headquartered in Skokie, Illinois, is a pioneering nature-based carbon refining company. Founded in 2005, LanzaTech specializes in transforming waste carbon into essential chemical building blocks for a variety of consumer goods, including sustainable fuels, fabrics, and packaging. The company is also at the forefront of developing advanced biocatalysts and processes to produce additional valuable products such as acetone and isopropanol (IPA), which are critical industrial solvents used in polymer production. LanzaTech's innovative approach positions it as a key player in the circular economy and sustainable materials market.
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 Qiming Venture Partners, Khosla Ventures, Mitsui & Co., Malaysian Life Sciences Capital Fund, and Siemens venture capital
Series E (2019): $72M supported by Novo Holdings
Debt (2020): $2M featuring PPP
Unspecified (2020): $50M backed by Mitsui & Co., Suncor Energy, U.S. Department of Energy, and All Nippon Airways
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
Mitsui & Co.
Mitsui & Co. is a global trading and investment company with a diverse portfolio, focusing on supporting industry growth and promoting the transition to low-carbon energy.
U.S. Department of Energy
The U.S. Department of Energy is a federal agency responsible for energy policy and national security, driving innovation in energy conservation and supporting fundamental research.
Qiming Venture Partners
Qiming Venture Partners is a venture capital firm that invests in technology and healthcare companies, supporting their growth and innovation.
What's next for LanzaTech?
With substantial enterprise-level backing and a recent strategic investment, LanzaTech is poised for significant expansion. The company's focus on developing novel biocatalysts and expanding its product portfolio, including acetone and IPA, suggests a strategic move to broaden its market reach and impact. Future growth is likely to involve scaling its proprietary carbon refining technology to meet increasing global demand for sustainable alternatives in fuels, fabrics, and packaging. Continued investment will likely fuel further research and development, solidifying LanzaTech's leadership in the transition to a low-carbon economy.
See full LanzaTech company page
