LanzaTech Gets Mitsui Funds for Fuel From Waste Gas

Lock
This article is for subscribers only.

LanzaTech NZ Ltd., a developer of transport fuels and chemicals from waste gases, raised $60 million from investors that include Mitsui & Co.

The Japanese trading house channeled $20 million into the company, Auckland, New Zealand-based LanzaTech said today in an e-mailed statement. Siemens AG and China International Capital Corp. are also new investors. LanzaTech’s existing backers, including Vinod Khosla’s venture capital business and Malaysian Life Sciences Capital Fund, also contributed.