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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Global companies unite in below50 to scale up sustainable fuels

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Jennifer Holmgren, Ceo of Lanzatech

Forward-thinking businesses are partnering with the World Business Council for Sustainable Development (WBCSD), Roundtable for Sustainable Biomaterials (RSB) and Sustainable Energy for All (SE4ALL) through a new global initiative called below50, to promote the best-of-breed of sustainable fuels that can achieve significant carbon reductions, and scale up their development and use.

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