Twelve Stock

twelve.coEnergy / Clean EnergyFounded: 2015Funding to Date: $447.29MM

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.

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Management Team

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 Members

Anne Roby
Board Member

Twelve’s stock FAQs


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Twelve is a privately held company and therefore does not have a public stock price. However, you may access Twelve’s private market stock price with Forge Data.

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News Highlights

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.

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.

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.
Updated on: Jun 24, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.