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Twelve

Twelve

Private
Berkeley, CaliforniaEnergy & Sustainabilityhttps://www.twelve.co

Last Round

Series C

Extension

Feb 14, 2025

Est. Valuation

$1B

Total Funding Raised

$917M

Company Overview

Twelve is a clean technology company that develops carbon dioxide recycling devices to transform CO₂ emissions into valuable chemical products, promoting a climate-positive world and a fossil-free future.

Sector

Energy & Sustainability

Verticals

Carbon Capture, Alternative Fuels, Sustainable Materials, Clean Manufacturing, Advanced Materials

Business Model

B2B

Customer Profile

Government Contracts, Hardware Sales

AI Layer

Non-AI

Keywords

carbon transformationsustainable aviation fuelSAFeFuelspower-to-liquidelectrochemical reactorCO2 conversionsynthetic fuelsCO2 utilizationcarbon techCO2 electrolysisPtLCO2Made materialspetrochemical alternativesdrop-in replacementsE-Naphthacircular carbon economy

Historical Pricing

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Caplight Momentum Score

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Twelve Comparables

Compare Twelve with similar companies based on industry and business-model similarity.

Twelve comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Prometheus Fuels
89%
Infinium
86%
AIR COMPANY
84%

Twelve Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionFeb 14, 2025
Growth EquitySep 19, 2024
Series CSep 19, 2024
Series BJun 29, 2022
Series AJul 8, 2021
Seed
Aug 14, 2018

Twelve Investors

Notable investors and investment history

Twelve investors
InvestorRounds
Rising Tide FundSeries B
Development Bank of JapanSeries C Extension
Capricorn Investment GroupSeries B, Series A, Series C
Munich Re VenturesSeries A, Series B, Series C
MOL SwitchSeries C Extension
Northstar.VCSeries C
Carbon Direct Capital ManagementSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 4, 2026

    Developing a commercial plant in Moses Lake, Washington.

  • Oct 1, 2025

    Operating first SAF plant in Moses Lake, WA, with plans for AP1 and AP2 projects.

Twelve Filings

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Twelve filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Twelve's valuation, stock price, and market status.

Is Twelve a public or private company?

Twelve is a private company.

What is the current stock price of Twelve?

Twelve is a private company with no public stock price. No recent secondary market data is available.

How much is Twelve worth (valuation)?

Twelve's valuation is estimated at $1.0B based on funding round data.

Can I buy Twelve stock?

Twelve shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Twelve's last funding round?

Twelve's most recent funding round was Series C Extension on September 19, 2024.

Who are the main investors in Twelve?

Key investors in Twelve include Capricorn Investment Group, Carbon Direct Capital Management, TPG Rise Climate, TPG, Pulse Fund.

Will Twelve IPO soon?

No public IPO plans have been announced for Twelve.

How can I track Twelve secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Twelve's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBerkeley, California
Employee Range266
Year Founded2015
Last FundingFeb 14, 2025

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