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Climate Tech

Twelve

Twelve raises $645M Series C at $1.5B valuation

Berkeley, CAOctober 20, 20241 min read
Total Raised
$645M
Valuation
$1.5B
Latest Round
Series C
Employees
200+

Twelve: Series C Funding Round

Twelve has successfully raised $645M in Series C funding, reaching a valuation of $1.5B.

Company Overview

Carbon transformation company developing sustainable aviation fuel from CO2

Funding Details

The Series C round was led by Alaska Airlines, with participation from Breakthrough Energy.

Company Information

  • Headquarters: Berkeley, CA
  • Founded: 2015
  • Employees: 200+
  • Category: Climate Tech

Investment

Twelve plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Alaska Airlines: Verified investor in Series C
  • Breakthrough Energy: Verified investor in Series C

Company Info

Headquarters
Berkeley, CA
Founded
2015
Team Size
200+
Last Round
$645M(Oct 2024)

Investors (2)

A
Alaska AirlinesLead
Lead Investor
Verified investor in Series C
B
Breakthrough Energy
Investor
Verified investor in Series C

Topics

verified(3079)real-funding(3079)twelveclimate techseries-cberkeley

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