When was Twelve founded?

Twelve was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Twelve located?

Twelve is headquartered in Berkeley, United States.

Who is the current CEO of Twelve?

Nicholas Flanders of Twelve. They have also founded 1 company.

How many employees does Twelve have?

As of Jun 30, 2026, the latest employee count at Twelve is 267.

Is Twelve a funded company?

Twelve is a funded company, having raised a total of $472M across 23 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 24, 2016.

When was the latest funding round of Twelve?

Twelve's latest funding was a $***** Series C round on May 06, 2025, with participation from 1 investor.

Where does Twelve rank among its competitors?

Twelve ranks 2nd amongst 25 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Metafuels, which secured $2.21M in Apr, 2026.

Who are the top competitors of Twelve?

Twelve's top competitors include LanzaTech, Air Company and Chooose. Among them, Metafuels secured the most recent funding round in April, 2026.

Twelve - 2026 Company Profile, Team, Funding & Competitors

Twelve is a series C company based in Berkeley (United States), founded in 2015 by Kendra Kuhl and Nicholas Flanders. It operates as a Developer of carbon transformation technology producing fuels and feedstock products. Twelve has raised $472M in funding from investors like Capricorn, Techstars and DCVC. The company has 25 active competitors, including 16 funded and 2 that have exited. Its top competitors include companies like LanzaTech, Air Company and Chooose.

Company Details

Developer of carbon transformation technology producing fuels and feedstock products. The company's technology transforms carbon dioxide, water, and renewable electricity into hydrocarbons. These hydrocarbons are drop-in replacements for conventional petroleum-based materials and ingredients. The resulting products have zero fossil fuels, zero emissions, and no trade-offs in quality.

Website: www.twelve.co/
Social

Key Metrics

Founded Year

2015

Location

Berkeley, United States

Stage

Series C

Total Funding

$472M in 23 rounds

Latest Funding Round

Series C, May 06, 2025, $*****

Investors

Capricorn & 56 more

Ranked

2^nd among 25 active competitors

Employee Count

267 as on Jun 30, 2026

Similar Companies

Prometheus & 12 more

View Twelve's full profile

Twelve is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Twelve A CIN: 40203042564 , Latvia, Active	Jan 06, 2017	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2022)	-
OPUS 12, INC. CIN: 474239185 , United States, Active	Dec 31, 1999	-	176 (As on Dec 31, 2024)	-
Twelve Benefit Corporation CIN: 47-4239185 , United States, Active	Jan 01, 1970	-	232 (As on Dec 31, 2022)	-

Twelve has raised a total funding of $472M over 23 rounds. Its first funding round was on Feb 24, 2016. Its latest funding round was a Series C round on May 06, 2025 for $*****. 1 investor participated in its latest round. Twelve has 57 institutional investors.

Here is the list of recent funding rounds of Twelve:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 06, 2025	2742991	Series C	4407180	1391473	1676875	7923838
Feb 14, 2025	4637512	Series C	6579029	6027418	3969290	Mitsui OSK Lines & 4 more
Sep 19, 2024	1850568	Conventional Debt	1696799	6565482	1863229	9457871

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View details of Twelve's funding rounds and investors

The founders of Twelve are Kendra Kuhl and Nicholas Flanders. Nicholas Flanders is the CEO of Twelve.

Here are the details of Twelve's key team members:

Kendra Kuhl: Co-Founder of Twelve.
Contact Info: 1 email address
Nicholas Flanders: Co-Founder & CEO of Twelve.
Contact Info: 1 email address

View details of Twelve's Founder profiles and Board Members

Twelve's employee count trend

Twelve has 267 employees as of Jun 26. Here is Twelve's employee count trend over the years:

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Top competitors of Twelve include LanzaTech, Air Company and Chooose. Here is the list of Top 10 competitors of Twelve, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LanzaTech 2005, Skokie (United States), Public	Developer of technology converting carbon-rich gases into fuels and chemicals	$869M	Malaysian Life Sciences Capital Fund, BASF ... & 28 others	70/100
2nd	Twelve 2015, Berkeley (United States), Series C	Developer of carbon transformation technology producing fuels and feedstock products	$472M	Rising Tide Fund, Shell & 55 others	66/100
3rd	Air Company 2017, Brooklyn (United States), Series B	Developer of carbon conversion technology and sustainable aviation fuel solutions	$108M	Toyota Ventures, In-Q-Tel & 19 others	62/100
4th	Chooose 2017, Oslo (Norway), Series A	Provider of software for managing sustainable aviation fuel programs	$19M	Amadeus, Sound Ventures & 11 others	62/100
5th	Gevo 2005, Englewood (United States), Public	Provider of renewable gasoline & diesel, animal feed & protein, and other products	$69.5M	Osage Partners, LANXESS & 12 others	62/100
6th	Metafuels 2019, Langnau Am Albis (Switzerland), Series B	Developer of technology for sustainable aviation fuel production from green methanol	$41M	Fortescue Ventures, Contrarian Ventures & 8 others	61/100
7th	Prometheus 2018, Santa Cruz (United States), Series B	Provider of carbon-neutral fuels made from atmospheric CO2 using renewable energy	$24.1M	Y Combinator, Maersk Growth & 6 others	61/100
8th	Syzygy Plasmonics 2018, Houston (United States), Series C	Developer of technology for sustainable aviation fuel, methanol, syngas, and hydrogen	$116M	Mitsubishi, Horizons Ventures & 22 others	58/100
9th	Synhelion 2016, Zurich (Switzerland), Series C	Developer of renewable fuels designed to replace fossil fuels	$41.2M	CEMEX Ventures, CEMEX & 8 others	56/100
10th	OXCCU 2021, Oxford (United Kingdom), Series B	Developer of sustainable fuels, chemicals, and plastics from CO2. This company converts carbon dioxide and hydrogen into low-carbon intensity products using a proprietary one-step catalytic process. Its technology offers a cost-effective alternative to traditional methods, addressing the need for sustainable hydrocarbon alternatives. The company's offerings include sustainable aviation fuel (SAF) and synthesis gas for various applications, contributing to a more environmentally friendly future. The technology is based on extensive research and development, resulting in a scalable and efficient production process.	$51.2M	Clean Energy Ventures, TCVC & 21 others	56/100