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LP Amina
US-based engineering start up with focus on sustainable power generation
About LP Amina
LP Amina emerged in 2007 as a multinational environmental engineering firm, positioning itself at the intersection of energy production and environmental sustainability. The company was founded by Will Latta, an entrepreneur with a background in mechanical engineering from the Georgia Institute of Technology and an MBA from Duke University, reflecting a foundation in both technical expertise and business acumen. Latta's career, spanning engineering, R&D, and venture capital, shaped the company's direction.
The firm's core business was twofold, addressing critical challenges in the energy sector. A primary focus was the development and implementation of proprietary De-NOx solutions aimed at reducing harmful emissions from coal and gas-fired power plants. This business line found significant traction in China, where the company established a strong presence and completed numerous projects across various provinces, catering to the pressing need for pollution control in the country's rapidly expanding industrial landscape. Clients in this segment were primarily power plant operators and other industrial facilities, such as cement and steel plants, seeking to comply with emission regulations.
Concurrently, LP Amina ventured into advanced clean energy technologies, notably poly-generation systems. This technology was designed to convert coal and biomass into valuable chemicals while co-producing electricity. The business model centered on enabling existing power plants to diversify their revenue streams by turning waste streams into high-value industrial chemicals, thereby improving both the economic and environmental performance of the facilities. This involved forging strategic partnerships, such as a collaboration with Bayer for the development of its poly-generation technology. The company successfully raised capital through multiple funding rounds, including Series A, B, and C, from investors like HAO Capital, Qiming Ventures, and the WLR China Energy Infrastructure Fund, to fuel its growth and R&D efforts. Despite its achievements in developing and deploying its technologies, particularly its success in the Chinese market and its subsequent technology transfer to the U.S. market, LP Amina is no longer in operation. The founder, Will Latta, has since taken on a leadership role as Vice President of BrightLoop™ at Babcock & Wilcox, a company involved in sustainable energy technologies, indicating a continuation of his professional journey in the clean energy domain.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Dec 2015 | $210K | — | Undisclosed | — |
| SERIES COther financing | Feb 2015 | $17M | $66M | Qiming Venture Partners | — |
Growth signals
Latest recorded traffic for LP Amina is 140 monthly website visits, up 27.3% over the last three months. LP Amina's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Qiming Venture Partners
HAO Capital
Series B and later1 investor entered at this stage
Keytone Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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