Twelve

Twelve is a carbon transformation company that converts captured carbon dioxide into sustainable aviation fuel (SAF) and other valuable products. Their patented technology aims to defossilize manufacturing processes, starting with aviation, by producing SAF with up to 90% lower lifecycle emissions than conventional fossil fuels. The company is constructing AirPlant One, its first SAF plant, in Washington state.

Funding Round: Series C

Funding Amount: $645M

Date: 19-Sep-2024

Investors: TPG Rise Climate, Capricorn Investment Group, Pulse Fund, Fifth Wall, northstar.vc, TGVP, Alaska Airlines' investment arm Alaska Star Ventures, DCVC, Munich Re Ventures, Emerson Collective, Fundamental Renewables, Sumitomo Mitsui Banking Corporation

Markets: Cleantech, Renewable Energy, Sustainable Aviation Fuel (SAF), Carbon Capture, Chemical, Fuel, GreenTech, Oil and Gas

HQ: Berkeley, California, United States

Founded: 2015

Website: https://www.twelve.co/

LinkedIn: https://www.linkedin.com/company/twelveco2

Twitter: https://twitter.com/twelve_co2

Instagram:

Facebook: https://www.facebook.com/twelve.co2

Crunchbase: https://www.crunchbase.com/organization/twelve-co

Pitchbook: