Twelve

Active#3 worldwide · Carbon capture

Converts captured CO2, water and renewable electricity into synthetic jet fuel and chemicals using proprietary electrochemical reactors, selling to airlines and industrial buyers.

Energy & climate›Carbon capture twelve.co

HQUnited States

Last roundSeries C · Sep 2024

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Carbon capture · worldwide	Top 41	#3	Edition 0 (beta) · Oct 2026	20 Oct 2026

Rank historyOct 2026 · #3 Carbon captureFirst edition: no movements yet.

Estimated valuation

AI · Carbon capture ranking (worldwide)

≈ USD 1bnUSD 830M–1.3bn · Unicorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series C · USD 200M · Sep 2024

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

Date	Round	Amount	Type	Investors
Sep 2024	Series C	USD 200M	Equity	TPG Rise Climate, Capricorn Investment Group, Pulse Fund, DCVC

Project-level equity and debt not counted; later rounds undisclosed.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

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What the AI reads

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Comparable companies in carbon capture

Full carbon capture ranking →

Svante#2CanadaUnicorn Heirloom#4United StatesHundreds of M$Climeworks#1SwitzerlandUnicorn Carbon Clean#5United KingdomHundreds of M$

Investors in Twelve: TPG Rise Climate · Capricorn Investment Group · Pulse Fund · DCVC

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.