Twelve, founded in 2015, describes itself as “the carbon transformation company” and is aiming to address carbon emissions through its proprietary technology. Through this technology, they are able to convert CO2 and transform it into products that would normally be made from fossil fuels, including chemicals, materials and fuels.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/19/2024 | Series C-2 | $33.44MM | $xx.xx | $1.34B | Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund | |
Price per Share
$xx.xx
Shares Outstanding
15,886,643
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund
|
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09/19/2024 | Series C-1 | $28.6MM | $xx.xx | $1.34B | Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund | |
Price per Share
$xx.xx
Shares Outstanding
13,398,819
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund
|
||||||
09/19/2024 | Series C-3 | $137,823.74 | $xx.xx | $1.34B | Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund | |
Price per Share
$xx.xx
Shares Outstanding
56,747
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund
|
||||||
09/19/2024 | Series C | $137.82MM | $xx.xx | $1.34B | Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund | |
Price per Share
$xx.xx
Shares Outstanding
51,072,515
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg Rise Climate Fund
|
||||||
06/30/2022 | Series B | $114.57MM | $xx.xx | $556.76MM | Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc | |
Price per Share
$xx.xx
Shares Outstanding
37,627,115
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc
|
||||||
07/08/2021 | Series A | $18.45MM | $xx.xx | $168.27MM | Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures | |
Price per Share
$xx.xx
Shares Outstanding
24,520,200
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures
|
||||||
07/08/2021 | Series A-1 | $3.82MM | $xx.xx | $168.27MM | Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,349,470
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures
|
||||||
07/08/2021 | Series A-2 | $5.67MM | $xx.xx | $168.27MM | Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,370,260
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures
|
||||||
07/08/2021 | Series AA | $30MM | $xx.xx | $168.27MM | Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures | |
Price per Share
$xx.xx
Shares Outstanding
25,388,400
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakout Ventures, Capricorn Technology Impact Fund, Carbon Direct Capital Management, Dcvc, Evok Innovations, Microsoft Climate Innovation Fund, Munich Re Ventures
|
||||||
08/16/2019 | Series Seed-1 | $1.6MM | $xx.xx | $37.03MM | Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition | |
Price per Share
$xx.xx
Shares Outstanding
4,853,800
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition
|
||||||
08/16/2019 | Series Seed-2 | $2.18MM | $xx.xx | $37.03MM | Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition | |
Price per Share
$xx.xx
Shares Outstanding
4,399,870
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition
|
||||||
08/16/2019 | Series Seed | $8.23MM | $xx.xx | $37.03MM | Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition | |
Price per Share
$xx.xx
Shares Outstanding
11,559,770
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcvc, Elementum Ventures, Evok Innovations, Gva Capital, Prime Coalition
|