Kvasir Technologies
Denmark, Søborg, Capital Region
About Kvasir Technologies
Kvasir Technologies is a Danish cleantech company, spun out of the Technical University of Denmark in 2018, that produces climate-neutral marine fuel from non-edible lignin-based agricultural and forestry residues. Its patented liquefaction process yields a drop-in fuel compatible with existing ship engines and bunkering infrastructure, requiring no engine modifications. The company runs a test facility in Fredericia producing up to two tonnes of biofuel per day and is developing its first commercial-scale plant in Aabenraa.
Latest Funding
Series AAnnounced 2026-06-18
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
3 signals · where the capital is going
Advance development of the first commercial-scale production plant planned for Aabenraa in southern Jutland, via the KVEEN Biofuels joint venture with European …
tech.eu
+2 more capital deployment signals · confidence ratings · source articles
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Investors
Maersk Growth
Lead investor · Series A
Tech Stack
PHP
HTTP/3
Hostinger
Key Highlights
AI InsightsRound led by Danish renewable-energy firm European Energy, which also formed a joint venture, KVEEN Biofuels, with Kvasir to build a commercial-scale plant.
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