Twelve

Berkeley, CA · Founded 2015 · Privately Held (backing)

Operator of a carbon transformation company intended to reduce global emissions and enable a fossil-free future. Twelve is based in Berkeley, CA and was founded in 2015. It was valued at $576 million at its later-stage round in Jul 2022, the last priced event on record. It has raised $533 million across 3 recorded rounds; the latest was a $35.2 million early-stage round in Apr 2015.

PMV mark · valuation
$576.0M
Oct 2026
Priced at
its later-stage round
Jul 2022
Total raised
$533.4M
Last round
Early Stage VC
Apr 2015

Twelve key facts

as of Oct 2026
  • Operator of a carbon transformation company intended to reduce global emissions and enable a fossil-free future.
  • Twelve is valued at approximately $576.0M as of Oct 2026, set at its later-stage round, Jul 2022; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $533.4M across 3 recorded rounds; the latest was Early Stage VC ($35.2M) in Apr 2015.
  • Notable investors include Global Brain, Climate Capital, Greycroft, DCVC, Lowercarbon Capital — 51 tracked in total.
  • Twelve has filed 4 Form Ds with the SEC since 2014, most recently Apr 2015 ($35.2M sold to 9 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$576.0M

Valued at $576.0M at its later-stage round, Jul 2022. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Twelve funding rounds

3 rounds
Apr 2015Early Stage VC$35.2MSEC filing▮
May 2014Early Stage VC$14.1MSEC filing▮
Mar 2014Debt$7.0MSEC filing▮

Twelve valuation

Twelve was valued at $576 million at its later-stage round in Jul 2022. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Twelve raised?

Twelve has raised $533 million in total; 3 of its rounds are on record, from 2014 on. The largest on record was a $7 million debt round in Mar 2014; the most recent was a $35.2 million early-stage round in Apr 2015.

Twelve has filed 4 Form Ds with the SEC since 2014, most recently in Apr 2015 ($35.2 million sold to 9 investors).

Twelve investors

51 investors are on record for Twelve, including Global Brain, Climate Capital, Greycroft and DCVC. By type, the record holds 10 venture capital firms and 1 private equity firm. The early-stage round in Apr 2015 drew 9 investors.

About Twelve

Operator of a carbon transformation company intended to reduce global emissions and enable a fossil-free future. The company's technology uses water, electricity and captured carbon dioxide to transform them into essential chemicals, fuels and materials, enabling industries to lower their carbon footprint while creating value from waste emissions.

Sector
Materials and Resources
HQ
Berkeley, CA, United States
Founded
2015
Employees
258
Website
twelve.co/
Ownership
Privately Held (backing)

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