Twelve Series B — CO2-to-fuels electrolyzer (E-Jet sustainable aviation fuel)
Twelve $130M Series B led by DCVC. CO2-to-fuels electrolyzer (E-Jet sustainable aviation fuel). Built first industrial-scale "carbon transformation" platform. Won BloombergNEF Pioneer 2022. Microsoft Climate Innovation Fund + Chan Zuckerberg Initiative participated.
$130M
Deal Value
Carbon Capture & DAC
Technology
CA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Twelve
- Buyer / Financier
- DCVC (lead); Carbon Direct, Capricorn Tech Impact Fund, Breakout Ventures, Munich Re Ventures, Microsoft Climate Innovation Fund, Chan Zuckerberg Initiative
- Deal Value
- $130M
- Stage
- Growth
- ISO/RTO
- CAISO
- Source
- BusinessWire / Twelve
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