Blog
News July 9, 2021
Twelve, Formerly Opus 12, Secures $57 Million in Series A Funding Led by Capricorn and Carbon Direct
– Carbon transformation startup Twelve has raised $57 million in Series A funding. – The round was led by Capricorn Technology Impact Fund and Carbon Direct Capital Management. – Seed round lead DCVC, as well as Munich Re Ventures, Microsoft Climate Innovation Fund, Breakout Ventures, and Evok Innovations also participated in the round. – Twelve is pioneering a new market category called carbon transformation with its proprietary catalyst technology that transforms CO2 into critical chemicals, materials and fuels that are conventionally made from fossil fuels.