Novo Holdings invested $72 million in LanzaTech to boost the carbon smart revolution

Jennifer Holmgren at IFIB 2018 in Turin, Italy

Novo Holdings and LanzaTech, a pioneer in the production of next generation fuels and chemicals through the recycling of carbon pollution, have formed a partnership to grow LanzaTech’s revolutionary sustainable fuels and chemicals platform. Novo Holdings is making a $72 million investment in the company in a Series E financing, and Senior Director Anders Bendsen Spohr will join LanzaTech’s Board of Directors.

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All Nippon Airways signed an agreement with LanzaTech to be carbon smart

All Nippon Airways (ANA), Japan’s largest and 5-Star airline for seven consecutive years, signed an offtake agreement with Illinois-based LanzaTech that will allow the company to purchase sustainable aviation fuel, a significant step in ANA’s efforts to minimize its environmental impact and meet Sustainable Development Goals (SDGs). This is not the first time that ANA has utilized sustainable aviation fuel, and the current agreement targets 2021 for the delivery of the sustainable aviation fuel making ANA a leader in putting its green principles into practice.

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