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Twelve

twelve.co ↗
PROCESS SCHEMATIC · CHEMICALS / E-FUELS LIVE
Founded
2015
Stage
SERIES C
Raised
$387M
HQ
BERKELEY, CA
Layer
MANUFACTURING

Produces e-fuels. $200M+ raised.

Funding history

RoundAmountDateLead
Series A$57M2021-07Capricorn Investment Group & Carbon Direct Capital
Series B$130M2022-06DCVC
Series C$200M2024-09TPG Rise Climate
Upstream
captured CO2 from local ethanol producersColumbia River hydropower
Downstream
Alaska Airlines (E-Jet SAF)Microsoft
Related
Western ChemicalsDig EnergyMantelSpiritus

Sources

Twelve Announces $645 Million in Funding Led by TPG ↗AirPlant One Opens in Moses Lake: America's First Commercial E-Jet Fuel Plant Begins Operations ↗Twelve (company) - Wikipedia ↗Twelve, Formerly Opus 12, Secures $57 Million in Series A Funding Led by Capricorn and Carbon Direct ↗