Kvasir Technologies
Kvasir Technologies develops climate-neutral drop-in marine biofuels from non-edible lignocellulosic biomass.
Operating headquarters
Søborg, Capital Region of Denmark, DKFounded
2018Kvasir Technologies develops climate-neutral drop-in marine biofuels from non-edible lignocellulosic biomass.
Kvasir's biofuel is a drop-in replacement for conventional marine fuel, so ship operators can use it in existing engines and storage infrastructure without hardware modifications or switching costs.
The process uses non-edible lignocellulosic biomass such as agricultural and forestry residues, avoiding competition with food production and supporting a fully CO2-neutral lifecycle. The company's one-step thermochemical process operates at high yield and quality, and its strategic partnership with European Energy through KVEEN Biofuels is intended to reduce execution risk for the first commercial plant in Aabenraa, Denmark.
Source: kvasirtechnologies.com
The maritime sector faces regulatory pressure to cut CO2 emissions, including IMO targets of 40 percent reduction by 2030 and 50 percent by 2050. Because ships have long asset lifecycles and capital-intensive operations, fuels that work within existing infrastructure are particularly attractive.
Kvasir's climate-neutral drop-in marine biofuel addresses this need and could expand over time into sustainable aviation fuel, high-value aromatic chemicals, and bio-plastics as the technology scales beyond shipping.
Source: kvasirtechnologies.com
Kvasir Technologies raised EUR 10 million in Series A funding in June 2026 from European Energy, EIFO, Mærsk Growth, and The Footprint Firm.
The capital is allocated to scaling the proprietary production technology at the Fredericia test facility, expanding biochemical engineering teams, and designing the first commercial-scale plant in Aabenraa, Denmark.
Source: finsmes.com