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