Climate Tech
Twelve
Twelve raises $645M Series C at $1.5B valuation
$645M
Total Raised
Series C
Latest Round
2015
Founded
200+
Employees
Berkeley, CA
1 min read
Quick Facts
Valuation
$1.5B
Latest Round Size
$645M
Latest Round Date
October 2024
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
Key Investors
Alaska Airlines
Lead Investor
Verified investor in Series C
Breakthrough Energy
Investor
Verified investor in Series C
About the Author

Editorial Team
Curated funding news from verified sources
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