LanzaTech jet fuel spinoff lands US$50m Microsoft investment
Royal Dutch Shell took a stake in the company last year.
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A sustainable jet fuel business spun out of New Zealand-founded LanzaTech has received US$50 million from Microsoft’s Climate Innovation Fund to help finance a sustainable jet fuels plant.
LanzaJet was set up in mid-2020 by LanzaTech to develop and commercialise jet fuel using its parent
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