Twelve

● Recently verified Last updated: May 27, 2026 Data last verified: Jun 25, 2026

Twelve: $800M valuation, IPO Readiness 61, Series B. 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 BClimate & Energyprivate
61
/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
$800M
Total Funding
$861M
Stage
Series B
Sector
Climate & Energy
Headquarters
Berkeley, CA
CEO
Nicholas Flanders
IPO Status
private

Funding History

Round Amount Date Lead Investors
Series B $130M Aug 2022 Capricorn Investment Group, Breakthrough Energy Ventures
Series A $57M Jul 2021 Capricorn Investment Group, Oman Investment Authority
Seed $5M Sep 2015 Prelude Ventures
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Related Analysis

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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 $800M 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 61/100 (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 $861M in total venture capital and private equity funding, with backing from Capricorn Investment Group, Breakthrough Energy Ventures, Baillie Gifford.

Who are Twelve's key investors? +

Twelve's notable investors include Capricorn Investment Group, Breakthrough Energy Ventures, Baillie Gifford, Oman Investment Authority, Prelude Ventures. 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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