# Elizabeth Stone

> Elizabeth Stone is a Series C investor at TPG Rise Climate Fund backing Fuel and Chemical. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [TPG Rise Climate Fund](https://shizune.co/investors/profile/tpg-rise)
- Total investments: 3
- Last investment: Sep 2024
- Lead investor: 67%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/elizabeth-stone-6757a020/

Elizabeth Stone is a Series C investor at TPG Rise Climate Fund focused on Fuel and Chemical. Elizabeth Stone serves as the Principal at TPG Rise Climate.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Fuel | 1 | 33% |
| Chemical | 1 | 33% |
| GreenTech | 1 | 33% |
| Oil and Gas | 1 | 33% |
| Carbon Capture | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Twelve | Twelve is a carbon transformation company converting captured carbon dioxide into valuable chemicals, fuels, and other essential products. Their technology eliminates emissions by turning CO2 into essential products that are made from fossil fuels. They specialize in the fields of CO2 electrocatalysis and electrochemical reactor design. | $85M | Series C | Feb 18, 2025 |  |
| Twelve | Twelve is a carbon transformation company converting captured carbon dioxide into valuable chemicals, fuels, and other essential products. Their technology eliminates emissions by turning CO2 into essential products that are made from fossil fuels. They specialize in the fields of CO2 electrocatalysis and electrochemical reactor design. | $200M | Series C | Sep 19, 2024 |  |
| Twelve | Twelve is a carbon transformation company converting captured carbon dioxide into valuable chemicals, fuels, and other essential products. Their technology eliminates emissions by turning CO2 into essential products that are made from fossil fuels. They specialize in the fields of CO2 electrocatalysis and electrochemical reactor design. | $400M |  | Sep 19, 2024 |  |

3 of 3 investments shown.

## Co-investors
- [Greycroft](https://shizune.co/investors/profile/greycroft) — VC Fund, 2 deals together
- [Pulse Fund](https://shizune.co/investors/profile/pulse-fund) — VC Fund, 2 deals together
- [TGVP](https://shizune.co/investors/profile/tgvp) — VC Fund, 2 deals together
- [Alaska Star Ventures](https://shizune.co/investors/profile/alaska-star-ventures) — VC Fund, 1 deal together
- [Capricorn Investment Group](https://shizune.co/investors/profile/capricorn-investment-group) — VC Fund, 1 deal together
- [Carbon Direct Capital](https://shizune.co/investors/profile/carbon-direct) — VC Fund, 1 deal together

## About TPG Rise Climate Fund

VC Fund

TPG Rise Climate Fund is dedicated climate investing strategy of TPG’s global impact investing platform.

1 contacts available at TPG Rise Climate Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Elizabeth Stone | Principal | https://shizune.co/investors/profile/elizabeth-stone-af9e |

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## FAQ

### What does Elizabeth Stone invest in?

Elizabeth Stone invests primarily in Fuel, Chemical and GreenTech startups, most often at Series C stage. Most of the 3 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Elizabeth Stone last invest?

The most recent investment recorded for Elizabeth Stone closed in Sep 2024. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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