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VC-funded Company:

Twelve
Berkeley, CA

Twelve is the carbon transformation company, a new kind of chemical company built for the climate era. We make essential products from air, not oil. Our groundbreaking technology eliminates emissions by transforming CO2 into critical chemicals, materials and fuels that today are made from fossil fuels. We call it carbon transformation, and it fundamentally changes how we can address climate change, reduce emissions and reverse the carbon imbalance. Reinventing what it means to be a chemical company, we're on a mission to create a climate positive world and a fossil free future through the power of chemistry.

Key Contact
Name
Nicholas Flanders
Title
Co-Founder & CEO
Funding Events

Date
Amount
Type
Investors
Valuation
07/08/21 $57,000,000 Series A Breakout Ventures
Capricorn's Technology Impact Fund
Carbon Direct Capital Management
DCVC
Evok Innovations
Microsoft Climate Innovation Fund
Munich Re
undisclosed
09/19/24 $645,000,000 Venture Alaska Star Ventures
Capricorn Investment Group
DCVC
Emerson Collective
Fifth Wall
Munich Re
northstar.vc
Pulse Fund
TGVP
TPG Rise Climate
undisclosed