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
Cap table — not yet on record
Twelve's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 51 names
·Watch Twelve: the Monday email on marks, rounds and moves