Kiwi cleantech company LanzaTech has been named in the TiE50 as a leader in entrepreneurship, innovation, and management excellence for the second year in a row.
The TiE50 awards were presented at TiEcon 2012 last week, the world’s largest conference of entrepreneurs, in Santa Clara, California.
TiE is a global network dedicated to fostering entrepreneurs across its international network, sponsored by top venture capital firms and Fortune 500 corporations.
The 50 winners of 2012 were chosen from more than 2100 promising companies in software, internet, mobile, energy and life sciences.
LanzaTech uses a proprietary fermentation process to convert gases (including industrial waste gases and gas derived from any biomass source) into fuels and chemicals.
Dr Jennifer Holmgren, chief executive officer at LanzaTech, said the company was honoured to be recognised for the second time.
“Our revolutionary carbon capture technology challenges our current perception of waste and provides a novel route to sustainable fuels and chemicals,” she said.
“LanzaTech has the potential to be a key player in enabling energy democratisation – that is, offering solutions for affordable and accessible energy for all.”