Japan’s Global Brain Corp invests in Twelve

Global Brain Corporation announced that its Tokyu Construction-GB Innovation Investment Limited Partnership (TCIF) has invested in US-based efuels firm Twelve.

Twelve is currently constructing its first commercial demonstration scale plant in Washington, US. The sustainable aviation fuel (SAF) produced at this facility is already under offtake agreements with major airlines such as Alaska Airlines and International Airlines Group (IAG).

Furthermore, Twelve’s production process can be applied to a diverse range of products, including marine fuels, diesel and naphtha, the latter being a feedstock for basic chemicals. Each of these products is garnering significant market interest, said the company.

TCIF, with Global Brain Corporation as the general partner, boasts a fund size of JPY5bn with a term of 10 years.

Earlier in February, Japanese decarbonisation investment company MOL Switch also announced in investment in Twelve. MOL Switch said that Twelve raised an additional $83m in February, following the momentum of their $645m funding announcement last fall.

MOL Switch is a wholly-owned subsidiary formed to invest in decarbonisation technologies, which invested in Twelve in July 2024. In addition, Mistui & Co, Development Bank of Japan, Advantage Partners and Toppan Global Venture Partners (TGVP) have also invested in Twelve.