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Twelve

CleanSeries B

Turning CO2 into valuable products

🌐 twelve.coLinkedInX / Twitter📍 CAEst. 2015👥 51-200 employees
0Rounds
20Articles
General InformationTwelve is a carbon transformation company based in Berkeley, California, founded in 2015, with approximately 100+ employees developing electrochemical technology to convert CO2 into valuable chemicals and materials.
Funding & FinancialsTwelve has raised over $100 million across multiple funding rounds, including Series C funding led by major climate-focused investors and strategic partners in the chemical and energy sectors.
Leadership & TeamCEO Avi Sood leads the company, which was co-founded with technical expertise in electrochemistry and materials science from Berkeley Lab and university researchers.
Recent ActivityTwelve has announced partnerships with major chemical companies for commercial deployment of their CO2 conversion technology and expanded their production capabilities for specialty chemicals derived from captured carbon.

Highlights

Total Raised
Latest Round
Stage
Series B
clean-tech
Employees
51-200
Founded 2015
Headquarters
CA
News Coverage
20 articles
Last: Today
Talent Signals
SEC Filings

News Coverage 20

SpaceToday

Isar Aerospace plants European small-lift on North American soil

Isar Aerospace signed a letter of intent with Canadian spaceport operator Maritime Launch Services to launch its Spectrum vehicle from Nova Scotia, extending Europe's emerging commercial mid-lift to a second continent.

CleanYesterday

DuPont-led consortium advances in $119M water scarcity competition

DESAL4ALL, a four-company industrial consortium anchored by DuPont, moved to semifinal testing in XPRIZE's Water Scarcity competition, signaling industrial desalination is shifting from laboratory proof-of-concept to scaled physical deployment.

Deep3d ago

Hoop.dev bets the AI-agent bottleneck is access, not capability

Boston-based Hoop.dev sells a wire-level access gateway that lets AI agents query production data under the same identity, scope, and audit trail as the human who deployed them, positioning the company as the governance layer frontier-AI deployments need before they ship.

Deep4d ago

Anthropic raises $65B at $965B valuation, four-way co-led

Anthropic closed a $65B Series H at a $965B post-money valuation co-led by Altimeter, Dragoneer, Greenoaks, and Sequoia, with $15B from hyperscalers including a $5B Amazon check and direct memory-supplier participation from Micron, Samsung, and SK hynix.

Energy4d ago

Battolyser bets one device can store electricity and make hydrogen

Dutch deep-tech spin-out Battolyser Systems is commercializing a combined battery-electrolyzer cell that arbitrages grid power and produces green hydrogen from the same iron-nickel hardware, with EU Innovation Fund backing toward a gigawatt-scale Rotterdam factory.

Energy4d ago

Battolyser and VDL Merge into Alquion, Targeting Industrial Green Hydrogen

Battolyser Systems and VDL Hydrogen Systems formalized their merger as Alquion in early 2026, combining flexible battery-hydrogen technology with industrial manufacturing capacity to cut green hydrogen costs by 20%.

Defense15d ago

Army bets $325M on airborne EW test rig as modernization accelerates

Northrop Grumman won a $325M sole-source contract to build RangeHawk, a high-altitude test platform for validating electronic warfare systems, signaling the Pentagon's shift toward prototype-driven EW acquisition.

Deep16d ago

Arm enters chip manufacturing for first time, claims $20B in AGI CPU demand

Arm announced record earnings and revealed $20B in constrained demand for its first-ever data center CPU, directly competing against Intel, AMD, and Nvidia for the first time in 35 years.

Defense16d ago

Helsing's $1.2B raise and HENSOLDT deal reshape European drone warfare

Helsing secures $1.2B funding and partners with German sensor maker HENSOLDT to equip CA-1 Europa combat drone, positioning Europe's defense AI leader to compete with Anduril.

Deep25d ago

IBM, Cleveland Clinic model 12,635-atom protein on quantum hardware

IBM and Cleveland Clinic simulated the largest biological molecule ever modeled with quantum computers, achieving 40x larger systems in six months and signaling that quantum computing is moving from theory into practical drug discovery.

Industrial29d ago

Critical Metals locks $835M Greenland rare earth deal, sealing Western supply

Critical Metals acquires full control of Tanbreez, Greenland's 4.7-billion-tonne rare earth deposit, for $835M, directly challenging China's stranglehold on refined magnet materials.

Deep1mo ago

QCi launches photonic AI chip as PCIe card, targeting GPU's edge dominance

Quantum Computing Inc. shipped NeuraWave, a room-temperature photonic inference accelerator in PCIe form, positioning photonics as a power-efficient alternative to GPUs at the edge.

Energy1mo ago

NRC clears path for TVA's first U.S. SMR construction permit

The NRC recommended approval of TVA's construction permit for a 300-MWe BWRX-300 SMR at Clinch River, positioning the utility as first in the U.S. to build a commercial small reactor and establishing the licensing template other utilities have been waiting for.

Space1mo ago

Blue Origin's New Glenn launches first booster reuse with AST's record antenna

Blue Origin's NG-3 rolls to pad today for hotfire ahead of April 16 launch, carrying AST SpaceMobile's 2,400-square-foot phased array — the largest commercial antenna ever deployed to orbit — atop a flight-proven, refurbished booster.

Energy1mo ago

TenneT signs 200 MW battery as grid congestion tool, not energy asset

Dutch grid operator TenneT contracted a 200 MW / 800 MWh battery from GES to dispatch on demand for congestion relief—a structural shift from merchant storage toward dispatchable network infrastructure that European and U.S. regulators are watching.

Deep1mo ago

Rigetti's 108-Qubit System Reaches Market: The Timing Matters More Than The Qubits

Rigetti Computing deployed its Cepheus-1-108Q on Amazon Braket on April 7, 2026—a real commercial system with 99.1% two-qubit gate fidelity. The milestone is technically solid. What it actually reveals is the gap between marketing and the path to quantum advantage.

Freedom1mo ago

Section 702 sunsets in 12 days. Congress has no plan.

FISA Section 702—the legal framework for warrantless U.S. surveillance—expires April 20, 2026 with no renewal bill passed. A new threat has emerged: VPNs may classify users as foreigners, stripping them of constitutional protections.

Deep2mo ago

Qblox ships first Made-in-America quantum control systems from Massachusetts

Qblox began manufacturing quantum control electronics in Canton, Massachusetts on April 1, 2026, backed by a DOE-Fermilab partnership — the first onshoring of quantum hardware infrastructure in response to U.S. supply-chain mandates.

Clean2mo ago

Econic and Changhua Launch World-First Commercial CO2 Polyols Plant

Econic Technologies and Changhua Chemical inaugurated the world's first commercial-scale CO2-based polyols plant in Lianyungang, China on March 26, 2026, targeting 80,000 tonnes of Carnol output in 2026.

Clean2mo ago

PureCycle Locks €40M EU Grant for 59,000-Tonne Antwerp Plastics Plant

PureCycle Technologies secured a €40 million EU Innovation Fund grant to build a 59,000-tonne dissolution recycling facility at the Port of Antwerp-Bruges, its first European deployment and largest plant outside Ohio.

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