Twelve Secures $85 million in Additional Series C & Project Funding
- Catalyst
- Mar 11
- 2 min read
Updated: 20 hours ago
Twelve's ambition to build world made from air takes shape in Moses Lake, Washington with the construction of AirPlant.
Recent Funding Milestones
The year 2025 is set to be transformative for our mission: to build a sustainable world from CO2. Following our announcement last fall about securing $645 million in funding, we are excited to share that we have secured an additional $85 million. This funding is a combination of strategic investments in our Series C and project funding for our AirPlant™ One facility. These resources bring us closer to our vision of a fossil-free future.
Partnerships That Matter
This milestone reflects the commitment of our existing partners, including SMBC, TPG, and Pulse Fund. New investors include Amazon (The Climate Pledge Fund), Mitsui & Co., Ltd., Development Bank of Japan, Japan Hydrogen Fund (managed by Advantage Partners), Greycroft (Coca-Cola Sustainability Fund), 2551 Capital, TGVP, MOL Switch, CSC Leasing, Tokyu Construction/Global Brain, and many others. These leaders believe in our carbon transformation technology's potential to tackle critical global challenges.
Our current investors, such as DCVC, increased their Series C investment in this recent round. Additionally, Fundamental Advisors have upsized their construction loan for the AirPlant One installation. By diversifying our capital sources with global investors and strategic partners in sectors like aviation, shipping, and transportation, we are laying a strong foundation for long-term growth.
Driving Change Across Industries
These partnerships empower us to broaden the impact of our AirPlant facilities. Our proprietary Opus™ System allows us to capture CO2 and convert it into critical materials and fuels. For example, our process yields E-Jet®, a sustainable aviation fuel. This innovative funding underscores our ability to implement change across various supply chains, industries, and geographical regions at scale.
Each partnership brings us a step closer to replacing fossil fuels and generating sustainable alternatives for transportation, consumer goods, and much more. The phrase A world made from air echoes our ambition that’s not just a conceptual ideal—it is actively being constructed.
Looking to the Future
Together with our investors, customers, and dedicated team, we are demonstrating that a sustainable future is not just a dream. Thanks to this new Series C funding, we are progressing closer to making our vision a reality. A world made from air™ is now within reach, thanks to collective effort, innovation, and investment.
Stay tuned for the latest updates as we continue our journey toward driving industrial transformation. Exciting developments are on the horizon.
About Twelve
Twelve is a leading carbon transformation company. We utilize CO2 as a resource—the fundamental feedstock for vital products. By converting CO2, water, and electricity into hydrocarbons, we are reshaping how chemicals, fuels, and materials are produced. Our work is vital to advancing the next generation of industrial innovation.