Twelve

Twelve Raises $200M Series C

Carbon transformation company converting CO2 into sustainable chemicals and materials for consumer products and aviation fuel

Key Highlights

• Funding Amount: $200M Series C
• Valuation: Undisclosed
• Headquarters: Berkeley, CA
• Founded: 2015
• Employees: 150-250
• Total Raised: $295M

About the Funding Round

Twelve has successfully closed $200M Series C in funding, marking a significant milestone in the company's growth trajectory. This investment will enable the company to accelerate product development, expand market reach, and strengthen its position in the climate tech sector.

Investor Syndicate

The round was backed by a prestigious group of investors:

• Carbon Direct Capital
• Breakth rough Energy Ventures
• Microsoft Climate Innovation Fund

This diverse group of investors brings not only capital but also strategic expertise and valuable networks that will help Twelve achieve its ambitious goals.

Market Opportunity

The climate tech market continues to experience rapid growth, driven by increasing demand for innovative solutions and digital transformation across industries. Twelve's unique approach and proven technology position it well to capture significant market share in the coming years.

Company Background

Founded in 2015 and headquartered in Berkeley, CA, Twelve has established itself as an innovative player in the climate tech space. With 150-250 employees, the company has built a strong team focused on delivering exceptional value to customers.

Next Steps

With this new funding, Twelve plans to:

• Accelerate product development and innovation
• Expand into new markets and geographies
• Grow the team across engineering, sales, and operations
• Strengthen partnerships with key industry players
• Scale infrastructure to support rapid growth

Industry Impact

This funding round represents a strong vote of confidence in Twelve's vision and execution. The investment will help drive innovation in the climate tech sector and create new opportunities for customers and partners.

For more information about Twelve, visit their website or contact their press office.