In contrast to carbon offset programs, Twelve’s technology directly reduces a partner’s emissions, replacing the petrochemicals in a company’s products and supply chains with CO2Made materials and fuels. National Aeronautics and Space Administration (NASA) to leverage Twelve’s breakthrough carbon transformation technology to reduce emissions by creating CO2Made © products and fuels. The company is currently partnering with automotive, household, apparel industry and other brands, including Mercedes-Benz, Procter & Gamble, and the U.S. Replacing fossil feedstocks with CO2 in Twelve’s target applications could address nearly 10 percent of global carbon emissions. Using Twelve’s technology, industry and brands can meet emissions targets faster while creating essential products-from the foam in running shoes, to the polymers in automobile dashboards, to aviation fuel, to laundry detergent-at the same or higher quality as conventional products made from petrochemicals.Ĭarbon transformation reduces emissions from supply chains, closes the carbon loop, and provides a viable pathway to a fossil-free future, in which the products that drive the global economy are made from CO2 rather than fossil fuels. 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. Seed round lead DCVC, as well as Munich Re Ventures, Microsoft Climate Innovation Fund, Breakout Ventures, and Evok Innovations also participated in the round. BERKELEY, Calif.-( BUSINESS WIRE)-Carbon transformation startup Twelve has raised $57 million in Series A funding from lead investors Capricorn Technology Impact Fund and Carbon Direct Capital Management.
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