United States · Chemicals startup

Twelve

Twelve is a chemical technology company based in Berkeley, California, focused on carbon transformation.

Funding reportedLast round: Series B

ChemicalsSan Francisco, United States

About Twelve

Twelve is a chemical technology company based in Berkeley, California, focused on carbon transformation.

Founded in 2015, it aims to eliminate global emissions by converting captured CO2 into essential products like fuels, chemicals, and materials through electrochemistry. This innovative approach seeks to replace fossil fuels as the foundation of modern industry. The company operates the Opus System, which mimics industrial photosynthesis to turn CO2, water, and renewable electricity into hydrocarbons. Its core product lines include E-Jet SAF, a sustainable aviation fuel, and CO2Made, which features consumer and industrial products made from recycled CO2. Twelve serves various industries, including energy, chemicals, and aviation, providing decarbonized inputs for a wide range of goods. With significant funding and partnerships, Twelve is scaling its technology to meet the growing demand for sustainable solutions.

What company datasets say Twelve raised

Funding, as reported

Reported in all$199Min dollars
Rounds8
Last roundSeries B
Last round size$45M
Last round dateJun 2022
Investors listed30

On 12 portfolio pages

Investors who name them

Each firm lists Twelve on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

environmentally friendly materialssustainable energy sourcesemissions reductionclean energy transitionclean energy & technologyenvironmental technologylow emissions jet fuelelectrofuelssustainable transportation fuelsair-based productscarbon reductionmanufacturingsustainable materialsco2 conversion for consumer goodsfossil-free futureclimate solutions

Built with from their website

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+8 more

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Sector
Chemicals
Industry code
NAICS 32519, 324110, 325110, SIC 2869, 2911
Region
California
Revenue
$35M a year, as listed
Full record
Every detail in the company directory

How it ended, so far

Exit

ExitBuyerPriceWhen
AcquiredMedtronic$458MAug 2015

Chemicals in United States

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