Our very own LanzaTech has been recognised by the World Economic Forum as a pioneer in technology this week – we'd add up the number of honours LanzaTech has garnered already this year alone, but we stopped counting some time ago.

LanzaTech is practically synonymous with 'cleantech' in many circles, with numerous awards and commercial partnerships under its belt. And the Kiwi-founded company, now based in Illinois, has signed a joint development agreement with nylon producer Invista to develop technology that converts carbon monoxide into butadiene.

LanzaTech, the Kiwi producer of low-carbon fuels and chemicals from waste gases and darling of the cleantech biz, has closed its Series C round with new investment totaling US$55.8 million ($68.8 million) led by the Malaysian Life Sciences Capital Fund.