Twelve Raises $645M For Power-To-Liquid SAF Production

Twelve

Funds will help finance construction of additional SAF production facilities.

Credit: Twelve
Twelve has raised $645 million in funding to help complete its power-to-liquid sustainable aviation fuel (SAF) production plant in Moses Lake, Washington and to pay for additional plants. The Berkley, California-based startup’s fundraising round includes $400 million in project equity, $200 million...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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