Locations
Søborg, Denmark
industry
Energy · Manufacturing · Sustainability
Size
11-50 employees
Stage
Seed
founded in
2018
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 costs. Our solution bolts onto 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 toward complete decarbonization. Founded in 2018 by Joachim Bachmann-Nielsen and Anders B. Kristoffersen, Kvasir is a spin-out from the Technical University of Denmark (DTU). The company runs pilot activities in Denmark and the US and plans to build its first demo plant in Fredericia, Denmark in 2024.
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