Kvasir Technologies

Kvasir TechnologiesKvasir Technologies
Kvasir Technologies

Kvasir Technologies

Danish biofuel startup developing a patented process to convert lignin-based residues into climate-neutral marine fuels.

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DR 24InactiveFredericia, Denmark
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About

Kvasir Technologies is a Danish startup that has developed a patented technology to convert non-edible lignin-based residues from agriculture and forestry into refined biofuels. These biofuels are designed to be a direct, climate-neutral replacement for conventional marine fuels, requiring no modifications to existing ship engines or infrastructure. The company aims to accelerate the maritime sector's transition away from fossil fuels by offering a readily adoptable renewable alternative. Kvasir Technologies is a spin-out from the Technical University of Denmark (DTU).
Frequently asked

What does Kvasir Technologies do?

Kvasir Technologies is a Danish startup that has developed a patented technology to convert non-edible lignin-based residues from agriculture and forestry into refined biofuels. These biofuels are designed to be a direct, climate-neutral replacement for conventional marine fuels, requiring no modifications to existing ship engines or infrastructure. The company aims to accelerate the maritime sector's transition away from fossil fuels by offering a readily adoptable renewable alternative. Kvasir…

What is Kvasir Technologies's revenue?

StartupHub estimates Kvasir Technologies's annual revenue at $2.2M (range $602K to $6.3M, 31% confidence), based on comparable companies in the sector.

What is Kvasir Technologies's valuation?

StartupHub estimates Kvasir Technologies's effective valuation at $39.6M (range $25.0M to $60.0M, 23% confidence), based on comparable companies in the sector.

How much funding has Kvasir Technologies raised?

Kvasir Technologies has raised a total of $10M in funding. The most recent round on record is Series A.

Where is Kvasir Technologies headquartered?

Kvasir Technologies is headquartered in Fredericia, Denmark.

What industry does Kvasir Technologies operate in?

Kvasir Technologies operates in Renewable Energy, Biotechnology, Maritime, Sustainability, Chemicals, Climate Tech.

What is Kvasir Technologies's current status?

Kvasir Technologies's current operating status is: Inactive.

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