Copenhagen, 22 February 2024 – Kvasir Technologies, a Danish pioneer in sustainable biofuel development, announces a significant milestone in its journey toward carbon-neutral energy solutions. The company has successfully closed a seed extension, securing substantial investments from sustainability advisory and impact investor The Footprint Firm, based in Copenhagen, and the Export and Investment
Kvasir Technologies, a leading green startup in sustainable biofuel innovation, proudly announces the appointment of René Østergaard Palne as its Chief Financial Officer (CFO), effective December 1, 2023.
René brings extensive experience in corporate finance, including international roles in the oil and gas industry in the Middle East and the Netherlands. His background spans both conventional
Copenhagen, November 8, 2023 – Kvasir Technologies, a Danish clean-tech scale-up with pioneering technology to produce sustainable waste-based biofuel, proudly announces a remarkable triple victory in the prestigious 2023 New Energy Challenge. This renowned global competition, dedicated to startups and scale-ups in the renewable energy sector, has played a pivotal role in fostering groundbreaking
Kvasir Technologies: Selected as Finalist in New Energy Challenge, Accelerating Renewable Energy Innovation.
Copenhagen, August 1, 2023 - Kvasir Technologies is proud to announce its selection as one of the top 10 finalists in the esteemed New Energy Challenge. This highly competitive event, focusing on startups and scaleups in the renewable energy sector, aims to drive the development of groun
Copenhagen, April 27, 2023. Kvasir Technologies, a Danish technology company developing a proprietary, cutting-edge process to produce carbon-neutral biofuel from non-edible biowaste material, has raised an investment round of EUR 2.15 million from lead investor VÅR Ventures with participation from Maersk Growth. With this investment round, Kvasir Technologies has raised nearly EUR 7 million this
Kvasir Technologies is a Danish company that has developed a game-changing technology to produce climate friendly fuel for hard to abate industries. Kvasir converts non-edible waste-based biomass into a 1:1 substitute for fossil fuel in a simple, sustainable, and scalable way. We offer a CO2 neutral drop-in biofuel with no switching costs or added storage cost. Our solution bolts on to the current marine fuel supply chain. This allows for full flexibility in terms of handling both existing fossil fuels and green biofuel interchangeably in a seamless transition towards complete decarbonization. Founded in 2018 by Joachim B. Nielsen and Anders B. Kristoffersen, Kvasir is a spin-out from the Technical University of Denmark. The company runs pilot activities in Denmark and in the US and plans to build its first demo plant in Fredericia, Denmark.
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