Can you buy Twelve stock?

As Twelve is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Twelve, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

How to buy Twelve stock?

To invest in a private company like Twelve through Forge, you must first qualify as an accredited investor. ( Learn more about the accreditation process.) Create a free account to access Forge’s marketplace. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.

Can you sell Twelve stock?

Yes, you may sell the Twelve stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.

How to sell Twelve stock?

If you hold private company shares of Twelve – whether as an employee or an early investor – Forge can help you sell them. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have. Indicate your interest to sell your Twelve on our platform. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.

Is Twelve a public company?

No, Twelve is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.

What is Twelve’s stock price?

Twelve is a private company, meaning it does’t have a publicly traded stock price. However, as of 01/17/2025 the Twelve Forge Price is $4.89 per share. The Forge Price is a derived price calculated for private companies like Twelve to provide insights into their current valuation. Learn more about Forge Price.

What is Twelve’s stock ticker symbol?

Twelve does not have an official ticker symbol because this company is not currently publicly traded.

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Invest and Sell Twelve Stock

Twelve Stock Price

MAX

Forge Price ¹

Date

01/17/2025

Price per Share

$4.89 +$2.39 (95.60%)

Forge Price Valuation

$1.32B

Last Closed Trade ²

Close Date

xx/xx/xx

Last Closed Trade Price

$xx.xx

Last Funding Round (LFR)

Date

xx/xx/xx

Price per Share

$xx.xx

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Twelve Funding Rounds and Valuation

Funding History Chart

Funding Round Details

	Funding Date	Share Class	Amount Raised	Price per Share	Post-Money Valuation	Key Investors
	11/15/2024	Series C-4	$5MM	$xx.xx	$1.32B	Undisclosed Investors
Price per Share $xx.xx Shares Outstanding 1,021,450 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 Undisclosed Investors
	09/19/2024	Series C-2	$33.44MM	$xx.xx	$1.32B	Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg
Price per Share $xx.xx Shares Outstanding 8,758,264 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
	09/19/2024	Series C-1	$28.6MM	$xx.xx	$1.32B	Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg
Price per Share $xx.xx Shares Outstanding 7,386,734 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
	09/19/2024	Series C-3	$137,823.74	$xx.xx	$1.32B	Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg
Price per Share $xx.xx Shares Outstanding 31,284 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
	09/19/2024	Series C	$137.82MM	$xx.xx	$1.32B	Alaska Airlines, Capricorn Investment Group, Dcvc, Emerson Collective, Fifth Wall, Munich Re Ventures, Northstar.Vc, Pulse Fund, Toppan Ventures, Tpg
Price per Share $xx.xx Shares Outstanding 28,156,143 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
	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

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Leadership & Board

Leadership

Nicholas Flanders

Chief Executive Officer & Co-Founder

Jimmy Chuang

Chief Financial Officer

Kendra Kuhl Ph.D

Chief Technology Officer & Co-Founder

Etosha Cave Ph.D

Chief Scientific Officer & Co-Founder

Ram Ramprasad Ph.D

Chief Commercial Officer

Board

Anne Roby

Board Member

Twelve News and Media Highlights

Interesting Engineering 08/06/2023

Waste to wings: Start-up aims for clean, sustainable air travel

Twelve, an eight-year-old start-up, is making strides towards developing a synthetic fuel to replace fossil-based kerosene in the aviation industry. The company has broken ground on a commercial-scale facility in Moses Lake, Washington to produce its "E-Jet" fuel. The fuel is produced using Twelve's carbon transformation technology, which uses electricity, water, and carbon dioxide (CO2) to create chemicals, materials, and fuels traditionally made from fossil fuels. The synthetic fuel reportedly reduces lifecycle greenhouse gas emissions by up to 90% compared to conventional petroleum-based jet fuel.

Canary Media 07/20/2023

This new factory will turn CO2 into sustainable jet fuel

Startup Twelve has begun construction on a commercial-scale facility in Washington state that will produce sustainable aviation fuel from CO2. The facility, which is expected to be operational by mid-2024, will be the first of its kind in the US. Alaska Airlines, Microsoft, and Shopify have agreed to purchase millions of dollars' worth of the E-Jet fuel produced at the new plant.

Washington State Department of Commerce 06/19/2023

Twelve announces plans to scale production of sustainable aviation fuel made from CO2 in Washington State ...

Twelve, a carbon transformation company, has announced plans to scale production of its sustainable aviation fuel (SAF), E-Jet, made from CO2 and renewable energy, in Washington State. The fuel, which has up to 90% lower lifecycle emissions than conventional fuels, will be produced at a commercial-scale facility in Moses Lake, WA. The first customers will be Shopify, Alaska Airlines, and Microsoft, with whom Twelve has existing partnerships.

Sustainable Brands 06/05/2023

Upcycled Emissions for the Win: How Twelve Is Closing the Loop on Fossil Fuels

California-based Twelve is pioneering carbon transformation technology that converts CO2 into a feedstock for products traditionally made from fossil fuels. The company's electrochemical reactor, Opus, uses CO2, water, and renewable energy to create carbon-based products, eliminating the need for new fossil fuels. Twelve's technology could potentially eliminate up to 10% of global emissions. The company has developed sustainable aviation and marine fuels and partnered with brands like Mercedes-Benz and NASA to reduce emissions across supply chains.

Other Companies Like Twelve in the Clean Energy Sector

Sector: Energy

Subsector: Clean Energy

					Last Funding Round
Company		Forge Price	Forge Price Change ⁵	Last Closed Trade	Share Class	Post-Money Valuation	Price per Share	Amount Raised
	Arcadia	--	--	$xx.xx	Series E-1	$1.64B	$xx.xx	$49.1MM
	Commonwealth Fusion	--	--	$xx.xx	--	--	--	--
	Fervo Energy	--	--	$xx.xx	Series D-3	$1.45B	$xx.xx	$134.5MM
	Helion Energy	--	--	$xx.xx	Series F	$7.24B	$xx.xx	$475MM
	Last Energy	--	--	$xx.xx	--	--	--	--
	Persefoni	$10.13	+1.30%	$xx.xx	Series C-1-B	$354.68MM	$xx.xx	$16.18MM
	Radiant	--	--	$xx.xx	Series C	$432.01MM	$xx.xx	$100MM
	Rondo Energy	--	--	$xx.xx	Series A-2	$329.34MM	$xx.xx	$30MM
	TAE Technologies	$18.00	-13.17%	$xx.xx	Series 11	$4.96B	$xx.xx	$92.66MM
	X-energy	--	--	$xx.xx	--	--	--	--

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Updated on: Jan 17, 2025

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