I never thought sustainable jet fuel would be within reach so soon. Twelve, a carbon emissions company in the US, announced a $645 M Series C today. ⏭️Investors include: Capricorn Inv. Group, Pulse Fund, TPG ✈️Twelve seems to have built insane technology - - Uses electricity to convert CO2 into fuels and materials(in simple terms) - Helps in cutting emissions by <=90% - Building a factory in Washington that is expected to mass produce SAF(sustainable aviation fuel) by 2025 - Alaska Airlines, Microsoft, and Shopify are already lined up as buyers 💡Twelve, with the tagline 'A world made from air', has raised ~$890 M and is leading the way in sustainable fuel innovation.
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