Twelve raises an additional $83M in Series C and project funding, bringing total funding to $728M.
Investment backs AirPlant™ One, using Opus™ technology to convert CO2 into fuels and materials.
Strategic partners include Amazon, Mitsui, and Coca-Cola’s sustainability fund.
Twelve, a carbon transformation company, has secured an additional $83 million in Series C and project funding, advancing its mission to replace fossil fuels with CO2-derived materials. This brings total funding to $728 million following last year’s $645 million raise.
New and existing investors—including Amazon’s Climate Pledge Fund, Mitsui & Co., Development Bank of Japan, and Greycroft (Coca-Cola Sustainability Fund)—support the company’s AirPlant™ One facility. The site will use Twelve’s Opus™ technology, an industrial photosynthesis system that converts CO₂ into sustainable aviation fuel (E-Jet®) and other critical materials.
“By diversifying our capital stack with a mix of global investors, strategic leaders, and sector-specific partners, we are building not only a sustainable future but a resilient foundation for long-term growth,” Twelve stated.
>> In Other News: Liverpool FC and 1PointFive Announce Pioneering Product Collaboration for Fans
The funding accelerates Twelve’s efforts to scale carbon transformation across industries, including aviation, shipping, and manufacturing.
“We’re proving that the future isn’t just imagined—it’s being built today. A world made from air™ is within reach,” the company emphasized.
Amazon’s Climate Pledge Fund welcomed Twelve, highlighting its ability to convert CO2, water, and renewable energy into chemicals, materials, and fuels—a step toward eliminating global emissions.
With strong financial backing and an expanding network of partners, Twelve is advancing a fossil-free future through innovative carbon conversion technology.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Wishing everyone a restful holiday season.🎄🎅🎁 Inside this Issue ✈️ Cathay Goes Global With SAF in Three-Continent Fuel Deal 🧪 Proton Ventures Partners With Barents Blue For Realization Of The Bar...
Inside This Issue 🚛 Alberta's Shared Truck Model Could Crack Hydrogen Adoption ✈️ ZeroAvia Completes Financing Round 🌾 Frontier And NULIFE Scale New Biowaste Carbon Removal Approach 🔥 WAGABOX® Of ...
Inside This Issue 🌎 North America's Carbon Removal Year in Review: The Deals, Policies, and Milestones That Shaped 2025 🚢 Hapag-Lloyd And North Sea Container Line Win ZEMBA Second E-Fuel Tender 🪨 ...
ClimeFi Announces New 85,000 Tonne Procurement Round
In its latest procurement round, ClimeFi has enabled more than US$18m in durable carbon removal purchases across eight removal pathways: Biochar, Bioenergy with Carbon Capture and Storage (BECCS), ...
Vallourec, a world leader in premium seamless tubular solutions, and Geostock, a global specialist in underground storage of energy, have signed a Memorandum of Understanding (MoU) to strengthen th...
CMA CGM, DHL Step Up Ocean Freight Decarbonization with Biofuel Deal
DHL Global Forwarding and shipping group CMA CGM have agreed to jointly use 8,990 metric tons of second-generation biofuel to reduce emissions from ocean freight. The initiative is expected to cut...
Next-Generation Gas Turbine Control System For Thermal Power Plants Completes Functional Testing
Integration of Mitsubishi Power's control technology with Mitsubishi Electric's high-speed data processing technology Supports rapid load adjustments and diverse fuels including hydrogen Tokyo, ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.