Danish cleantech company specializing in climate-neutral biofuel production. Through a patented process, lignocellulose is converted into a biofuel with high yield and quality that can be used as drop-in oil or replace fossil marine fuel in existing ship engines.
Investment Rounds
Capital activity and funding progression
| Amount | Date | Round |
|---|---|---|
| €10 M | May, 2026 | series-a |
Industries
Frequently Asked Questions
Where is Kvasir Technologies located?
Kvasir Technologies is located in Fredericia, Denmark.
What industries does Kvasir Technologies operate in?
Kvasir Technologies operates in the following industries: cleantech, biofuels, marine fuel.
When was Kvasir Technologies founded?
Kvasir Technologies was founded on 2026-06-18.
How much total funding has Kvasir Technologies raised?
Kvasir Technologies has raised a total of $10,000,000.
Who are the investors in Kvasir Technologies?
The investors in Kvasir Technologies are: European Energy, EIFO, Mærsk Growth, Footprint Fund.
What is the primary mission of Kvasir Technologies?
The primary mission of Kvasir Technologies is to eliminate carbon emissions from the heavy transportation industry, particularly shipping, by providing a sustainable, carbon-neutral drop-in biofuel alternative to fossil fuels.
How does the technology behind Kvasir Technologies work?
Kvasir Technologies uses a patented, one-step process called solvothermal liquefaction. This process involves pressurized cooking of non-edible biomass—such as straw, wood, or agricultural residues—in an alcohol atmosphere to effectively liquefy it into a high-quality, stable biocrude.
Why is Kvasir Technologies biofuel considered a drop-in fuel?
The biofuel is considered a drop-in fuel because it can be used directly in existing ship engines and fuel infrastructure without requiring any technical modifications or expensive retrofitting of vessels.
What kind of feedstock does Kvasir Technologies use?
Kvasir Technologies uses non-edible, lignocellulosic plant biomass, such as straw, woodchips, and other agricultural or forestry residues, which are abundant and do not compete with food production.
Is Kvasir Technologies a public or private company?
Kvasir Technologies is a private company based in Denmark.