Address
Twelve Benefit Corp
Berkeley, CA 00000
United States
Phone
Website
Business classification
VCID: 17604098
Profile
Corporate information
Official name
Twelve Benefit Corp
Registration country
Investment activity status
Active investor
Company type
Sustainable aviation fuel company.Overview
Twelve is the carbon transformation company. We're on a mission to eliminate global emissions and build a fossil-free future. Carbon transformation uses CO2 to displace fossil fuels as a feedstock.
Funding
Funding rounds
Series C USD 200,000,000
USD 200,000,000 (20 Sep 2024) Change in valuation: unknown
The company also secured an additional USD 445m in project equity financing and credit facilities.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Capricorn Investment Group LLC | The investment arm of Jeff Skoll | United States | Initial investment. Led the round. |
|
Pulse Investment Partners | Venture growth equity fund investing in global, scalable climate solutions. | United States | Initial investment. Led the round. |
|
TPG Rise Climate LP | Dedicated climate investing strategy focusing on clean energy, sustainable materials, and decarbonization solutions. | United States | Initial investment. Led the round. |
|
Alaska Airlines Inc | United States | Initial investment. Round participant. | |
|
DCVC Management Co LLC | Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. | United States | Initial investment. Round participant. |
|
Emerson Collective | United States | Initial investment. Round participant. | |
|
Fifth Wall Ventures | Venture capital firm focus on real estate technology investments. | United States | Initial investment. Round participant. |
|
Munich Re Ventures | Initial investment. Round participant. | ||
|
|
Northstar Venture Capital LLC | Initial investment. Round participant. | ||
|
|
TGVP | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Alaska Airlines Inc |
Series C | |
|
|
Capricorn Investment Group LLC The investment arm of Jeff Skoll |
Series C | |
|
|
DCVC Management Co LLC Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. |
Series C | |
|
|
Emerson Collective |
Series C | |
|
|
Fifth Wall Ventures Venture capital firm focus on real estate technology investments. |
Series C | |
|
|
Munich Re Ventures |
Series C | |
|
|
Northstar Venture Capital LLC |
Series C | |
|
|
Pulse Investment Partners Venture growth equity fund investing in global, scalable climate solutions. |
Series C | |
|
|
TGVP |
Series C | |
|
|
TPG Rise Climate LP Dedicated climate investing strategy focusing on clean energy, sustainable materials, and decarbonization solutions. |
+1 (817) 871-4000 |
Series C |