- Twelve has secured an additional $83 million in strategic investments for its Series C and project funding, aimed at building a world made from air. - This funding follows a previous announcement of $645 million in funding and is focused on transforming CO2 into materials for a fossil-free future. - Key investors include existing partners like SMBC, TPG, and Pulse Fund, along with new contributors such as Amazon, Mitsui & Co., and the Development Bank of Japan. - DCVC increased its investment in this latest round, while Fundamental Advisors expanded their construction loan for the AirPlant One installation. - The funding will help diversify capital sources and strengthen partnerships in various sectors, including aviation and transportation. - Twelve’s proprietary Opus System captures CO2 and transforms it into sustainable fuels and materials, contributing to a zero-emissions future. - Each partnership enhances the potential to replace fossil fuels in various industries and supports the creation of sustainable alternatives. - Twelve continues to make strides towards its mission of eliminating global emissions and creating a fossil-free future through carbon transformation. - The company’s technology mimics industrial photosynthesis, converting CO2, water, and renewable energy into essential hydrocarbons. - Twelve aims to demonstrate that a sustainable future is achievable now and is committed to accelerating industrial transformation.

Twelve Secures $83 million in Additional Series C & Project Funding

2025 is shaping up to be a transformative year for our journey in building a world made from air.

Following the momentum of our $645 million funding announcement last fall, we’re thrilled to share that we’ve secured additional strategic investments in our Series C and project funding for our AirPlant™ One facility, totaling $83 million and bringing us even closer to realizing our mission to transform CO2 into the building blocks of a fossil-free future.

This latest milestone reflects the shared commitment of existing partners, including SMBC, TPG, and Pulse Fund, as well as new investors and partners: Amazon (The Climate Pledge Fund), Mitsui & Co., Ltd., Development Bank of Japan, Japan Hydrogen Fund (managed by Advantage Partners), Greycroft (Coca-Cola Sustainability Fund), 2551 Capital, TGVP, MOL Switch, CSC Leasing, and other leaders who believe in the potential of our carbon transformation technology as a means to address some of the world’s most pressing challenges. Our existing investors DCVC increased their Series C position in this latest tranche, and Fundamental Advisors upsized their construction loan to the AirPlant One installation. By diversifying our capital stack with a mix of global investors, strategic leaders, as well as sector-specific partners (e.g., aviation, shipping and transportation, etc.), we are building not only a sustainable future, but a resilient foundation for long-term growth.

These partnerships enable us to expand the reach of our AirPlant facilities

These partnerships enable us to expand the reach of our AirPlant facilities, powered by our proprietary Opus™ System, which transform captured CO2 into critical materials and fuels, such as E-Jet® sustainable aviation fuel. As we continue to work toward a zero-emissions future, this funding reinforces our ability to drive change across supply chains, industries, and geographies at scale. Each partnership brings us closer to replacing fossil fuels in manufacturing and creating sustainable alternatives for everything from transportation to consumer goods, and beyond.

Together with our investors, customers, and team, we are proving that the future isn’t just imagined—it’s being built today. A world made from air™ is within reach, and thanks to this expanded Series C round, we’re one step closer to making it a reality.

Stay tuned for more updates as we continue to accelerate our progress and drive the next era of industrial transformation.

About Twelve

Twelve™ is the carbon transformation company™ with a mission to eliminate global emissions and build a fossil-free future. Carbon transformation uses CO2 to displace fossil fuels as a feedstock. Opus™, Twelve’s revolutionary carbon transformation technology, works like industrial photosynthesis. It transforms CO2, water, and renewable energy into hydrocarbons, the building blocks for essential chemicals, materials, and fuels. Twelve can make the same chemicals, materials, and fuels from CO2 that are conventionally made from fossil fuels.