LanzaTech Raises $200M in PIPE

LanzaTech has successfully raised $200M in a PIPE at a $2.2B valuation led by Khosla Ventures, Primetals Technologies, CICC, Softbank China, Mitsui, ArcelorMittal.

Company Overview

LanzaTech is a Climate Tech company headquartered in 8045 Lamon Avenue, Skokie, IL 60077, founded in 2005 with 200+ employees.

Carbon recycling technology

Fundraising Details

Amount Raised: $200M
Round Type: PIPE
Valuation: $2.2B
Date: 2024-03-14
Investors: Khosla Ventures, Primetals Technologies, CICC, Softbank China, Mitsui, ArcelorMittal

About LanzaTech

Carbon recycling technology The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 8045 Lamon Avenue, Skokie, IL 60077
Founded: 2005
Team Size: 200+
Industry: Climate Tech

What This Means

This funding round demonstrates strong investor confidence in LanzaTech's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. LanzaTech's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2.2B valuation marks an important milestone for LanzaTech, positioning the company among notable players in the Climate Tech industry.

Looking Ahead

With this new capital, LanzaTech is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-03-14. For more information about LanzaTech, visit their headquarters at 8045 Lamon Avenue, Skokie, IL 60077.