ImpactAlpha, January 6 — LanzaTech captures industrial carbon emissions and converts it into sustainable fuel and chemicals to make materials such as textile, rubber and packaging.
The woman-led company has partnerships with Lululemon, Zara, Unilever and L’Oreal Paris, among other brands, to manufacture products made from recycled carbon. LanzaTech has raised more than $550 million to date.
“Now that we’ve commercialized, it’s time to really enter the public markets,” LanzaTech’s Jennifer Holmgren said in an interview with Cipher. “That’s the best way to help diffuse the technology.”
LanzaTech helped Unilever make detergent products from carbon captured in China, South Africa and Germany, according to Unilever’s Jonathan Hague.
LanzaJet, the company’s sustainable aviation fuel business, expects to open a production facility in Georgia next year, backed by a $14 million grant from the U.S. Department of Energy.