LanzaJet is an Industrial Decarbonization company founded in 2020 and based in Deerfield, United States. It has raised $50M in total funding, most recently a Strategic (Microsoft Climate Innovation Fund) in 2024.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Apr 23, 2024 | Strategic (Microsoft Climate Innovation Fund) | — | — | Microsoft Climate Innovation Fund |
| Nov 8, 2022 | Grant (Breakthrough Energy Catalyst) | $50M | — |
| Breakthrough Energy Catalyst |

Delta opens a sustainable aviation fuel blending facility at its Minneapolis hub, advancing SAF adoption in commercial aviation.

Sustainable aviation fuel market forecasted at 8.0% CAGR through 2032, driven by green aviation adoption.

Nigeria launches a sustainable aviation fuel programme to cut aviation emissions and attract investment.

Nigeria launches a sustainable aviation fuel programme, a positive step for domestic SAF production and carbon reduction.

Air Canada and Airbus commit up to C$13.7M to boost sustainable aviation fuel production in Canada.

FG pledges policy support for sustainable aviation fuel, citing LanzaJet as a key enabler.
Sustainable aviation fuel made by converting ethanol — sourced from low-carbon, waste, and recycled-carbon feedstocks — into drop-in jet fuel via LanzaJet's alcohol-to-jet (ATJ) process, alongside a renewable-diesel co-product. The fuel cuts lifecycle greenhouse-gas emissions by more than 70% versus conventional jet fuel and meets aviation specifications without engine modification. LanzaJet's flagship Freedom Pines Fuels plant in Soperton, Georgia, the world's first ethanol-to-SAF facility, opened in 2024 to produce about 9 million gallons of SAF and 1 million gallons of renewable diesel annually, and the company also licenses the technology to third-party plant developers.
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