January 27, 2012

Renewables funding going strong

It looks like a good start for 2012 with several companies closing some good funding this month.

New Zealand-based LanzaTech announced this week that it has bagged a total of US $55.8m in its series C round of financing led by the Malaysian Life Sciences Capital Fund. New investors include PETRONAS Technology Ventures Sdn Bhd and Dialog Group. Existing investors such as Khosla Ventures, Qiming Venture Partners and K1W1 -- I like this name =) -- participated in the round as well. LanzaTech said the compay raised a total of more than $85m to date.

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