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Kvasir Technologies

Copenhagen, Denmark

Climate TechMaritime Techbiofuels

◆ Location

Copenhagen, Denmark

◆ Founded

2018

◆ Team size

1-10

◆ Links

Website ↗

◆ About Kvasir Technologies

Copenhagen-based company developing climate-neutral marine biofuel.

◆ What sets it apart

A proprietary one-step biomass-to-biocrude process that produces a fully miscible, drop-in marine fuel compatible with existing ships and fuel infrastructure.[1][2][4]

◆ Sectors

Climate TechMaritime Techbiofuels

◆ Business

Modellicensing

CustomerOil companies, fuel producers, and shipping companies needing a drop-in low-carbon marine fuel.[2][3]

◆ Notable

  • Spin-out from the Technical University of Denmark
  • Built a testing facility and began producing carbon-neutral fuel for ships
  • Secured EUR 3 million in a seed extension and reported total funding of about EUR 11 million
  • Won Shell's global New Energy Challenge in November 2023

◆ Explore the market

Climate TechMaritime TechDenmark

◆ FAQ

What does Kvasir Technologies do?

Copenhagen-based company developing climate-neutral marine biofuel.

Where is Kvasir Technologies based?

Kvasir Technologies is based in Copenhagen, Denmark, founded in 2018.

Who has invested in Kvasir Technologies?

Investors in Kvasir Technologies include The Footprint Firm, EIFO, Mærsk Growth and Vår Ventures.