Twelve
formerly Twelve BenefitA world made from air
Berkeley, United States · Founded 2015 · $936.4M raised
- Headquarters
- Berkeley, California
- Employees
- 201–500
- Founded
- 2015
- Business Model
- B2B
- Website
- twelve.co
- Total Funding
- $936.4M
- Last Round
- $85.0M Series CDec 2025
- Rounds
- 15
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Twelve is a carbon transformation company using electrochemistry and AirPlant technology to convert CO2, water, and renewable electricity into essential products like sustainable aviation fuel (E-Jet SAF) and chemicals, replacing fossil-derived materials with zero-emission alternatives.
Summary
Twelve is a Carbon Capture company based in Berkeley, United States, founded in 2015. It has raised $936.4M in total across 15 rounds, most recently a $85.0M Series C round in Dec 2025. Investors include Capricorn Investment Group, DCVC (Data Collab) and TPG (Growth/Rise).
Tech & App Stack
13 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
Dec 2025
Sign up to see all 15 events
Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
Capricorn Investment Group
3 rounds
DCVC (Data Collab)
3 rounds
TPG (Growth/Rise)
2 rounds
Pulse Fund
2 rounds
Carbon Direct Capital Management
2 rounds
TPG Rise Climate
1 round
Capricorn Technology Impact Fund
1 round
Amazon Climate Pledge Fund
2 rounds
Mitsui & Co
2 rounds
Development Bank of Japan
2 rounds
SMBC
1 round
Greycroft
1 round
Fifth Wall
1 round
northstar.vc
1 round
TGVP
1 round
Alaska Star Ventures
1 round
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