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Twelve secures investment from United Airlines Ventures Sustainable Flight Fund, bolstering its $83 million Series C round for SAF production in Moses Lake.

PRIVATEMay 06, 2025

Amount Raised

$83 Million

Round Type

Series C

BerkeleyManufacturingEnergyRenewable Energy

Investors

United Airlines Ventures Sustainable Flight Fund

Description

Twelve has announced an investment from United's Sustainable Flight Fund, reinforcing its initiatives in sustainable aviation fuel. This follows an $83 million Series C funding round that supports the construction of its first production facility. The AirPlant One in Moses Lake, WA, aims to produce 50,000 gallons of sustainable aviation fuel annually. This investment highlights the critical need for scaling the SAF industry and advancing carbon-neutral aviation.

Quick answer

Twelve raised $83 Million in a Series C round, dated May 6, 2025. Investors: United Airlines Ventures Sustainable Flight Fund. Twelve is based in Berkeley, California, United States.

How much did Twelve raise?
Twelve raised $83 Million in a Series C round on May 6, 2025.
Who invested in Twelve?
United Airlines Ventures Sustainable Flight Fund is named as investors in this round.
What does Twelve do?
Twelve is a California-based cleantech company that focuses on carbon transformation technology.
Where is Twelve based and how big is it?
Twelve is based in Berkeley, California, United States. Fundz records about 312 employees.
Who are the decision-makers at Twelve?
Fundz holds 3 contacts at Twelve. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Twelve that raised within 45 days of this round, from Fundz verified event records.

  • NovaSpark Energy raised an undisclosed amount on June 20, 2025.
  • Voltfang raised $17M (Series B) on June 18, 2025.
  • New Iridium raised $2.6M (Seed) on June 11, 2025.
  • Active Membranes raised $913K (Seed) on June 5, 2025.
  • Radiant raised $165M (Series C) on June 3, 2025.
  • Zenergize raised $2M (Seed) on May 19, 2025.

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A new round usually means Twelve is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Twelve

Location

Berkeley, California, United States

About

Twelve is a California-based cleantech company that focuses on carbon transformation technology. Founded in 2015, it converts captured CO2 into sustainable chemicals, materials, and fuels using renewable energy. The company aims to reduce reliance on fossil fuels and lower emissions in manufacturing processes, particularly in the aviation sector. Twelve is currently developing its first sustainable aviation fuel plant, which is expected to produce E-Jet SAF with significantly lower lifecycle emissions.

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