Twelve Secures $83M To Scale Carbon Transformation

Twelve, the leading carbon transformation firm, has secured a further $83 million in Series C and project funding, continuing its vision to substitute fossil fuels with materials made from CO₂. The new funding takes the total capital raised by the company to a whopping $728 million, after a huge $645 million raised in the previous year. With this funding support, Twelve will be able to develop its AirPlant™ One facility faster, which will leverage its own Opus™ technology to convert CO₂ into clean fuels and materials.

The funding round of the company was lapped up by new and prospective investors, and also by existing investors, some of whom are the most influential global names when it comes to sustainability and innovation. Some of the important supporters of Twelve include Amazon's Climate Pledge Fund, Mitsui & Co., the Development Bank of Japan, and Greycroft on behalf of Coca-Cola's Sustainability Fund. These strategic investments not only endorse Twelve's vision but also reaffirm interest in carbon transformation technology as a key component in minimizing fossil fuel dependence.

The center of Twelve's disruption is Opus™, a commercial-scale industrial photosynthesis platform that is purpose-built to turn captured CO₂ into critical products like sustainable aviation fuel (E-Jet®). With renewable energy and water as the source, this paradigm-shifting tech replicates the natural world's capacity to make carbon dioxide a useful substance, providing a valuable alternative to legacy fossil-based chemicals and fuels. AirPlant™ One, the premiere facility, will be critical in upscaling this process, ensuring industries like aviation, shipping, and manufacturing can change to a more sustainable future.

The diversification strategy of the company in its funding sources has been a calculated strategy to establish resilience and long-term growth. "By diversifying our capital base with a combination of international investors, strategic executives, and industry-specific partners, we are creating not only a sustainable future but a resilient foundation for long-term growth," Twelve said. This diversified investor base indicates faith in the company's capability to commercialize carbon transformation technology at scale and integrate it into current industrial supply chains.

As companies come under greater pressure to decarbonize, Twelve's technology offers a concrete path toward emissions reduction and still meeting operational requirements. The company's advancements are in line with international climate objectives and efforts to minimize carbon footprints. With this round of investment, Twelve is set to further speed its efforts to substitute fossil-based inputs with CO₂-based materials, advancing the limits of sustainable manufacturing.

Amazon’s Climate Pledge Fund, one of the key investors in Twelve, highlighted the company’s ability to convert CO₂, water, and renewable energy into chemicals, materials, and fuels. Amazon’s commitment to achieving net-zero carbon emissions by 2040 aligns closely with Twelve’s vision, making this partnership a natural fit. “We’re proving that the future isn’t just imagined—it’s being built today. A world made from air™ is within reach,” Twelve emphasized.

This investment round represents a watershed moment in Twelve's transition to a fossil-free future. With robust financial backing and growing network of strategic allies, the company is poised to lead the revolution in carbon transformation. By ramping up its cutting-edge technology and rolling it out across industries, Twelve is proving that green alternatives to fossil fuels are not only possible—already they are here.