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
Editorial Team
Curated funding news from verified sources