Archaea Energy

About

Archaea Energy is a developer of renewable natural gas.

Canonsburg,Pennsylvania,United States
251 - 500
https://www.archaeaenergy.com/

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $300M
Industries: Energy
Founded date: Jan 1, 2018
Number Of Employee: 251 - 500
Operating Status: Active
Stock Symbol: nyse:LFG
Legal Name: Archaea Energy, LLC

Archaea Energy is a developer of renewable natural gas (“RNG”) which is a sustainable decarbonizing solution for high-carbon emission processes and industries that are impossible or inefficient to electrify.

The company's goal is to capture waste emissions and turn them into low-carbon fuel, the RNG platform builds, operates, and maintains RNG facilities.

Archaea Energy was established in 2018 by Nick Stork in Canonsburg, Pennsylvania.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$537M

Archaea Energy has raised a total of $537M in funding over 2 rounds. Their latest funding was raised on Sep 16, 2021 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 16, 2021	Post-IPO Equity	$300M	5	—	—	Detail
Sep 16, 2021	IPO	$237M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

—

5

Archaea Energy is funded by 5 investors. CIBC and BNP Paribas Asset Management are the most recent investors.

Investor Name	Lead Investor	Funding Round
CIBC	—	Post-IPO Equity
BNP Paribas Asset Management	—	Post-IPO Equity
Goldman Sachs Asset Management	—	Post-IPO Equity
The Baupost Group	—	Post-IPO Equity
Wellington Management	—	Post-IPO Equity