LanzaTech
LanzaTech Raises $200M in PIPE
Quick Facts
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.
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