Twelve

About

Twelve is a carbon transformation company that eliminates emissions by turning CO2 into essential products.

Berkeley,California,United States
101 - 250
https://www.twelve.co

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $130M
Industries: Chemical,Fuel,GreenTech,Oil and Gas
Founded date: Jan 1, 2015
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Twelve
Also Known As: Opus 12 (former name)

Twelve is the carbon transformation company, a new kind of chemical company built for the climate era. The company makes essential products from air, not oil. Its technology eliminates emissions by transforming CO2 into critical chemicals, materials, and fuels that today are made from fossil fuels.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$199.43M

Twelve has raised a total of $199.43M in funding over 2 rounds. Their latest funding was raised on Jun 29, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 29, 2022	Series B	$130M	8	DCVC	—	Detail
Jul 8, 2021	Series A	$57M	7	Capricorn Investment Group Carbon Direct	—	Detail
Aug 16, 2019	Seed	$11M	15	DCVC	—	Detail
Sep 18, 2017	Grant	$1.20M	1	National Science Foundation	—	Detail
Oct 17, 2016	Seed	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

22

Twelve is funded by 22 investors. DCVC and National Science Foundation are the most recent investors.

Investor Name	Lead Investor	Funding Round
DCVC	Yes	Series B
National Science Foundation	Yes	Grant
Breakout Ventures	—	Series B
Capricorn Investment Group	—	Series B
Carbon Direct	—	Series B
Chan Zuckerberg Initiative	—	Series B
Elementum Ventures	—	Series B
Microsoft Climate Innovation Fund	—	Series B
Munich Re Ventures	—	Series B
Evok Innovations	—	Series A