Twelve
formerly Twelve BenefitA world made from air
Berkeley, United States · Founded 2015 · $1.4B raised
- Headquarters
- Berkeley, California
- Employees
- 201–500
- Founded
- 2015
- Business Model
- B2B
- Website
- twelve.co
- Total Funding
- $1.4B
- Last Round
- $85.0M Series CDec 2025
- Rounds
- 8
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 $1.4B in total across 8 rounds, most recently a $85.0M Series C round in Dec 2025. Investors include Capricorn Investment Group, TPG (Growth/Rise) and Pulse Fund.
Tech & App Stack
8 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
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Dec 2025
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
Capricorn Investment Group
4 rounds
TPG (Growth/Rise)
3 rounds
Pulse Fund
2 rounds
Carbon Direct Capital Management
2 rounds
DCVC (Data Collab)
2 rounds
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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