Twelve Current · Verified less than 14 days ago · Last verified: Oct 19, 2026

Twelve: $1.8B valuation, IPO Readiness 65, Series C. Twelve (formerly Twelve AI) uses CO2 as a raw material to create chemicals, fuels, and materials through elect. Track live on The IPO Stack.

Series CClimate & Energyprivate
65
/100
IPO Readiness Score
Grade C — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Twelve →

Twelve (formerly Twelve AI) uses CO2 as a raw material to create chemicals, fuels, and materials through electrochemical processes powered by renewable electricity — transforming carbon emissions into useful products. Valued at $800M with $200M raised, Twelve has commercial agreements with major airlines and chemical companies to produce sustainable aviation fuel and CO2-derived chemicals. Major energytech IPO candidate as carbon utilization and CO2 conversion becomes a $50B+ market under corporate net-zero mandates.

Valuation
$1.8B
Total Funding
$1.11B
Stage
Series C
Sector
Climate & Energy
Headquarters
Berkeley, CA
CEO
Nicholas Flanders
IPO Status
private

Funding History

September 2015
Seed
$5M
July 2021
Series A
$57M
August 2022
Series B
$130M
July 2026
Series C
$250M
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Track Twelve IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Twelve going public? +

Twelve has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Twelve's current valuation? +

Twelve is valued at $1.8B as of August 2022. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Twelve before IPO? +

Accredited investors can access Twelve shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Twelve's IPO Readiness Score? +

Twelve scores 65/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Twelve raised? +

Twelve has raised $1.11B in total venture capital and private equity funding, with backing from Prelude Ventures, Capricorn Investment Group, Oman Investment Authority.

Who are Twelve's key investors? +

Twelve's notable investors include Prelude Ventures, Capricorn Investment Group, Oman Investment Authority, Breakthrough Energy Ventures, Baillie Gifford. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Twelve in? +

Twelve is a Climate & Energy company. Twelve (formerly Twelve AI) uses CO2 as a raw material to create chemicals, fuels, and materials through electrochemical.

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