Fundraising

Twelve

Twelve Raises $135M in Series C

2015
Founded
180+
Employees
Berkeley, CA
2 min read

Quick Facts

Twelve Raises $135M in Series C


Twelve has successfully raised $135M in a Series C at a $1.2B valuation led by Breakthrough Energy Ventures, Microsoft Climate.


Company Overview


Twelve is a CleanTech company headquartered in Berkeley, CA, founded in 2015 with 180+ employees.


Carbon transformation company converting CO2 into fuels and chemicals


Fundraising Details


  • Amount Raised: $135M
  • Round Type: Series C
  • Valuation: $1.2B
  • Date: 2025-10-12
  • Investors: Breakthrough Energy Ventures, Microsoft Climate

About Twelve


Carbon transformation company converting CO2 into fuels and chemicals The company is positioned in the CleanTech sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: Berkeley, CA
  • Founded: 2015
  • Team Size: 180+
  • Industry: CleanTech

What This Means


This funding round demonstrates strong investor confidence in Twelve's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The CleanTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Twelve's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $1.2B valuation marks an important milestone for Twelve, positioning the company among notable players in the CleanTech industry.


Looking Ahead


With this new capital, Twelve is well-positioned to execute on its growth strategy and continue building innovative solutions in the CleanTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2025-10-12. For more information about Twelve, visit their headquarters at Berkeley, CA.

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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news