Fundz

Twelve raised $645 million in a Series C financing round to build its capacity for producing sustainable aviation fuel from CO2.

PRIVATESep 20, 2024

Amount Raised

$645 Million

Round Type

Series C

BerkeleyManufacturingEnergyRenewable Energy

Description

Twelve has successfully raised $645 million, which includes project equity and credit facilities. The funds will be used to enhance the company's capabilities in transforming CO2 into clean jet fuel, contributing to climate change efforts.

Quick answer

Twelve raised $645 Million in a Series C round, dated September 20, 2024. Twelve is based in Berkeley, California, United States.

How much did Twelve raise?
Twelve raised $645 Million in a Series C round on September 20, 2024.
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.

  • Electra Battery Materials Corporation raised $5M (Convertible Note) on October 27, 2024.
  • BURN raised $15M (Debt Financing) on October 26, 2024.
  • GreenHY2 raised $432K (Seed) on October 25, 2024.
  • Matteco raised $16M (Series A) on October 25, 2024.
  • Cool Planet Technologies raised $26M (Series A) on October 24, 2024.
  • California Catalysts raised $3M (Series A) on October 23, 2024.

Who to call at Twelve, and when

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

  • An alert the day Twelve raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Twelve, from your own LinkedIn network

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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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Twelve raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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