In Illinois, LanzaTech Global, Inc recently announced the closing of the sale and issuance of shares of its common stock to a group of leading investors, including new investor, SiteGround, for gross proceeds of $20 million.
“We’re advancing high-value projects, with the potential to drive market transformation,” said LanzaTech CEO, Jennifer Holmgren. “This investment from top-tier global partners including existing and new institutional investors, together with the $40 million investment in May 2025, positions us to build on our momentum to execute on our highest-value opportunities.”
In 2025, industry-leading LanzaTech achieved significant milestones in scaling its carbon-recycling platform across fuels and materials. The company secured a €40 million grant from the EU Innovation Fund (pending final agreement) and a £6.4 million grant from the UK’s Advanced Fuels Fund, run by the Department for Transport, to advance first-of-a-kind CCUS and sustainable aviation fuel projects, while LanzaJet, in which LanzaTech has a non-controlling majority shareholding, brought the world’s first commercial ethanol-to-jet facility into operation, marking a major milestone for SAF deployment.
Tags: Illinois, LanzaTech
Category: Fuels
