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Kvasir Technologies
AddedJun 25, 2026
UpdatedJun 25, 2026
Kvasir Technologies

Kvasir Technologies

Series A

Kvasir Technologies develops climate-neutral drop-in marine biofuels from non-edible lignocellulosic biomass.

HQ
Søborg, DK
Founded
2018
Overview
Analysis
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Fundraising
Employees
News
Website

Kvasir Technologies is a Danish clean-tech company spun out of the Technical University of Denmark in 2018. It has developed a proprietary thermochemical process that converts agricultural and forestry residues into a CO2-neutral bio-oil that can replace fossil marine fuel in existing ship engines without modification.

The company operates a demonstration facility in Fredericia and is developing its first commercial-scale production plant in Aabenraa, Denmark, through KVEEN Biofuels, a strategic partnership with European Energy. Its technology aims to help the maritime sector meet IMO CO2 reduction targets while using existing fuel infrastructure.

Kvasir Technologies - Products & Services

  • Climate-Neutral Marine Biofuel logo

    Climate-Neutral Marine Biofuel

    A CO2-neutral drop-in biofuel produced from non-edible lignocellulosic biomass for use in existing marine engines.

    Competing Products

    Neste logo
    GoodFuels logo

Kvasir Technologies - Similar Companies

Neste logo

Neste

neste.com

GoodFuels logo

GoodFuels

goodfuels.com

Aether Fuels logo

Aether Fuels

aetherfuels.com

ZeroNorth logo

ZeroNorth

zeronorth.com

marinas logo

marinas

marinasbio.com

Carbon Ridge logo

Carbon Ridge

Marine Edge logo

Marine Edge

marine-edge.com

Norsjór AS logo

Norsjór AS

norsjor.no

Fleetzero logo

Fleetzero

fleetzero.com

Marquis logo

Marquis

marquisinc.com

Mirá Biotech logo

Mirá Biotech

mirabio.co

Blue Biofuels logo

Blue Biofuels

bluebiofuels.com

Repela Tech logo

Repela Tech

repela.co

Vesseladmin logo

Vesseladmin

vesseladmin.com

VC Fuel logo

VC Fuel

vcfuel.com

Kvasir Technologies - Quick Facts

Who are Kvasir Technologies' competitors?

Companies similar to Kvasir Technologies include Neste, GoodFuels, Aether Fuels and ZeroNorth.

When was Kvasir Technologies founded?

Kvasir Technologies was founded in 2018.

Where is Kvasir Technologies' headquarters located?

Kvasir Technologies' headquarters is located in Søborg, DK.

When was Kvasir Technologies' last funding round?

Kvasir Technologies' most recent funding round was for $10M (USD) in June 2026.

How much has Kvasir Technologies raised to-date?

As of Jun 19, 2026, Kvasir Technologies has raised a total of $10M (USD).

Kvasir Technologies - Classification

Industry
  • Renewable Energy
Ownership
  • Venture-backed private company
Technology
  • Proprietary
Model
  • Manufacturer
Revenue
  • Product Sales
Customer
  • Maritime Operators