About Twelve
Twelve is a company based in Berkeley (United States) founded in 2015 by Nicholas Flanders, Kendra Kuhl, and Etosha Cave. Twelve has raised $472.37 million across 23 funding rounds from investors including Microsoft, Shell and Mitsui & Co. Twelve offers products and services including E-Jet SAF, CO2Made Products, and AirPlant. Twelve operates in a competitive market with competitors including Dimensional Energy, OXCCU, Willis Sustainable Fuels, KHIMOD and Zenid, among others.
- Total Equity Funding$472.37 M (USD)
in 23 rounds
- InvestorsMicrosoft
& 31 more
Products & Services of Twelve
Twelve offers a comprehensive portfolio of products and services, including E-Jet SAF, CO2Made Products, and AirPlant.
Fuel produced from CO2 for lower-emission aviation.
Products made from CO2 as oil alternatives.
Facility transforming CO2 into eFuels and chemicals.
Apps and channels of Twelve
its YouTube channel twelve has 97 subscribers.
Funding Insights of Twelve
Twelve has successfully raised a total of $472.37M across 23 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $472.4M
- Total Rounds 23
- Investors Count 32
Latest 10 of 23 funding rounds of Twelve with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 06 May 2025 | – | Series C | – | – | |
| 14 Feb 2025 | $85.0M | Series C | – | – | |
| 19 Sep 2024 | $45.0M | Debt – Conventional | – | – | – |
| 19 Sep 2024 | $200.0M | Series C | – | The Rise Fund , Capricorn | |
| 01 Jun 2023 | – | Series C | – | Climate Capital | – |
| 29 Jun 2022 | $130.0M | Series B | – | DCVC | |
| 14 Feb 2022 | $206,500 | Grant | – | – | |
| 08 Jul 2021 | $57.0M | Series A | – | Capricorn , Carbon Direct Capital | |
| 18 Feb 2020 | $1.4M | Grant | – | – | |
| 02 Oct 2019 | – | Grant | – | – |
32 investors in total: 32 institutional.
Investors in Twelve
Twelve has secured backing from 32 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Shell and Mitsui & Co.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Japanese companies are funded through offline-focused VC and PE investments. | – | advantagepartners.com | Minato City, Japan | |
Venture capital investments are made in innovative startups by TGVP. | – | tgvp.vc | San Mateo, United States | |
Global Brain is recognized as a venture capital firm supporting startups. | – | globalbrains.com | Shibuya, Japan | |
Sector-agnostic VC investment company investing globally | – | therisefund.com | San Francisco, United States | |
A venture capital fund focused on climate tech investments. | – | pulsefund.com | - | |
Investments are made in early-stage tech startups by Fifth Wall. | 2016 | fifthwall.com | New York, United States | |
Venture capital firm investing in multiple sectors | – | northstar.vc | Luxembourg, Luxembourg | |
Venture capital firm focused on multiple sectors | – | dcvc.com | Palo Alto, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | – | climatecapital.co | San Francisco, United States | |
Early-stage investments in science-driven companies are made. | – | breakout.vc | - |
Investor details for Twelve
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Twelve
56 people are tracked at Twelve (23 in leadership, 1 in board & advisors, 32 in team).
| Name | Role | Group |
|---|---|---|
Nicholas Flanders | Co-Founder & CEO | Leadership |
Kendra Kuhl | Co-Founder | Leadership |
Etosha Cave | Co-Founder & CSO | Leadership |
Diana Eng | Senior Director, Technology Development Operations | Leadership |
Matthew Legaspi | Director Of Eh&s | Leadership |
Julia Perilli | Vice President, Corporate Operations | Leadership |
Amy McDonald | Senior Director Finance | Leadership |
Stephen Pratt | Senior Director Of People & Talent | Leadership |
Jenna Mesic | Director Of Experiences And Brand Partnerships | Leadership |
Jimmy Chuang | Chief Financial Officer | Leadership |
Etosha Cave (Eee-tah-sha) | Co-founder And CSO | Leadership |
Sarah Couturier | Executive Business Partner To The Co-founder | CSO | Leadership |
Ashwin Jadhav | Vice President, Business Development | Leadership |
Maylin H. | Chief Of Staff | Leadership |
Kyle Mendenhall | Patent Prosecution Director | Leadership |
Elliot Rueb | Sr. Director, Procurement | Leadership |
Patrick Stern | Chief Creative Officer (fractional) | Leadership |
Danny Hellebusch | VP | Leadership |
Branden Willis | Construction Director, Plant Design And Execution | Leadership |
Ram Ramprasad | Chief Commercial Officer (cco), Strategic Advisor | Leadership |
36 more people are available in the full profile.
Complete people profiles for Twelve
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Twelve
3 dated milestones of Twelve across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Twelve is founded.
- Funding First funding round.
- Funding Latest funding round, Series C,.
Competitors of Twelve
Twelve operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dimensional Energy, OXCCU, Willis Sustainable Fuels, KHIMOD and Zenid, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dimensionalenergy.com | 2014 | New York, United States | – | – | Developer of catalysts and reactors converting CO2 into fuels and products. This technology utilizes carbon dioxide emissions to produce synthetic crude oil, which can then be refined into various applications including fuels (e-SAF, e-Diesel), cosmetics, coatings, and lubricants. The process aims to reduce the carbon intensity of numerous products and offers a solution for carbon-neutral operations in hard-to-decarbonize industries. The company's platform is designed for efficient and scalable conversion of energy and carbon, resulting in a low carbon intensity output. They also offer wax products such as surf wax and food-grade distillates. | |
| oxccu.com | 2021 | Oxford, United Kingdom | $53.9M | 3 | Low-carbon fuels and chemicals are produced from CO2 and hydrogen. | |
| willissustainablefuels.com | 2023 | Durham, United Kingdom | – | – | Develops and produces SAF using innovative processes for aviation decarbonization. | |
| khimod-alcen.com | 2014 | Paris, France | $27.1M | 10 | Provides Heat Exchanger-Reactors for energy production and chemical manufacturing processes. | |
| zenidfuel.com | 2019 | Amsterdam, Netherlands | – | – | Delivers comprehensive carbon capture solutions for sustainability. | |
| gseenergies.aero | 2022 | Dublin, Ireland | – | – | Develops sustainable aviation fuels using solar and bio sources for aviation industry. |
Detailed competitors of Twelve
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Twelve
Complete news archive for Twelve
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Twelve
10 companies that operate in the same segment as Twelve (Pollution & Air Quality Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for enterprise sustainability measurement, reporting, and action is provided. | 2019 | San Francisco, California, United States | USD 184.96 M | – | 295 | |
Weather intelligence and forecasting solutions are provided for industries. | 2016 | Boston, Massachusetts, United States | USD 374 M | – | 115 | |
Independent ratings and risk analytics for carbon projects are provided. | 2020 | London, England, United Kingdom | USD 109.21 M | – | – | |
Carbon dioxide is captured from the atmosphere by Carbon Engineering. | 2009 | Squamish, British Columbia, Canada | USD 107.06 M | – | – | |
Cloud-based solutions for crop management and analytics are offered. | 2016 | Durham, North Carolina, United States | USD 60.75 M | – | 103 | |
Microbe-based plant protection products and yield optimization services are provided. | 2013 | Boston, Massachusetts, United States | USD 1.4 B | – | – | |
Provider of modular carbon capture technology and industrial decarbonization solutions | 2009 | London, England, United Kingdom | USD 248.83 M | USD 7.24 M | – | |
Carbon footprints are tracked via an online platform for users. | 2010 | Wellington, New Zealand | USD 26.27 M | – | – | |
A platform for logistics emissions calculation and reporting is provided. | 2021 | London, England, United Kingdom | USD 14.5 M | – | 20 | |
Platform offering predictive analytics solution | 2017 | San Mateo, California, United States | USD 86 M | – | 63 |
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Frequently Asked Questions about Twelve
Twelve was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Twelve is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Nicholas Flanders is the current CEO of Twelve. They have also founded this company.
Twelve is a funded company, having raised a total of $472.37M across 23 funding rounds to date.
Twelve was founded in 2015 in Berkeley, United States, within the cleantech sector. Carbon transformation technology is employed for manufacturing products. Water and renewable electricity serve as primary inputs, while catalysts that reduce carbon dioxide are combined with hardware systems. This process converts carbon dioxide into chemicals, materials, fuels, and final products. Emissions from fossil fuel-based manufacturing are lowered, and materials with negative carbon impact are produced.
Twelve's top competitors include Dimensional Energy, OXCCU and Willis Sustainable Fuels.
Twelve offers E-Jet SAF, CO2Made Products, and AirPlant.
Twelve has 32 investors. Key investors include Microsoft, Shell, Mitsui & Co, United Airlines, and Munich Re.
Twelve operates through Twelve Benefit Corporation.