Twelve develops AirPlant™, a platform that uses CO₂, water, and electricity to produce fuels and chemicals, including e-jet fuel and e-naphtha. The company is headquartered in Berkeley, California, with operations in Moses Lake and San Francisco.
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Funding
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Additional Series C and project funding
$85M
Backed by
TPG
Amazon
Mitsui & Co.
Greycroft
Credit facilities
$45M
Project equity financing
$400M
Led by
TPG
Series C
$200M
Series B and additional funding
$130M
Series A
$57M
Backed by
DCVC
Microsoft
Breakout Ventures
Seed
Undisclosed amount
Led by
DCVC