Twelve Layoffs
October 2024
Twelve announced a layoff affecting 0 employees in October 2024. The company operates in the Energy sector.
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Oct 25, 2024
About
Twelve, a climate tech company developing sustainable aviation fuel, recently underwent a restructuring as it moves into a critical growth phase. While the exact number of layoffs is not specified, the post acknowledges that "other talented individuals are also leaving" alongside co-founder and former CTO/COO Kendra Kuhl, who is transitioning to an advisory role. The company, which has raised $645 million in recent funding and secured major customer deals, is streamlining its team to focus on scaling its technology from the lab to full production. This shift reflects the company's evolution from a research-intensive startup to a commercialization-focused entity within the competitive climate tech industry.
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