Kvasir Technologies Appoints New CFO as the Company Moves Toward Commercialization
Kvasir Technologies, a leading green startup in sustainable biofuel innovation, proudly announces the appointment of René Østergaard Palne as its Chief Financial Officer (CFO), effective December 1, 2023.
René brings extensive experience in corporate finance, including international roles in the oil and gas industry in the Middle East and the Netherlands. His background spans both conventional
Kvasir Technologies Secures Triple Win in 2023 New Energy Challenge
Copenhagen, November 8, 2023 – Kvasir Technologies, a Danish clean-tech scale-up with pioneering technology to produce sustainable waste-based biofuel, proudly announces a remarkable triple victory in the prestigious 2023 New Energy Challenge. This renowned global competition, dedicated to startups and scale-ups in the renewable energy sector, has played a pivotal role in fostering groundbreaking
Kvasir Technologies Announced as Finalist in Prestigious New Energy Challenge
Kvasir Technologies: Selected as Finalist in New Energy Challenge, Accelerating Renewable Energy Innovation.
Copenhagen, August 1, 2023 - Kvasir Technologies is proud to announce its selection as one of the top 10 finalists in the esteemed New Energy Challenge. This highly competitive event, focusing on startups and scaleups in the renewable energy sector, aims to drive the development of groun
VÅR Ventures and Maersk Growth announce their investment into Danish biofuel company Kvasir Technologies to accelerate the path away from fossil fuel dependency
Copenhagen, April 27, 2023. Kvasir Technologies, a Danish technology company developing a proprietary, cutting-edge process to produce carbon-neutral biofuel from non-edible biowaste material, has raised an investment round of EUR 2.15 million from lead investor VÅR Ventures with participation from Maersk Growth. With this investment round, Kvasir Technologies has raised nearly EUR 7 million this
Kvasir receives grant from Innovation Fund Denmark’s Missionbooster program to scale sustainable aviation fuel
Copenhagen March 24, 2023
"Imagine a world where you fly green… that can happen in a not too distant future. We are grateful for the Missionbooster grant because it brings us one step closer to making that happen, as we prepare our proprietary solids to liquid technology for scaling”, says CEO, Co-founder and inventor of the Kvasir Technology, Joachim Bachmann Nielsen.
Reducing CO2 in the tr
Former Shell executive, Lars Clausen, joins Kvasir as chairman of the board
Copenhagen, 25 August, 2021
Danish energy veteran joins Kvasirs board of directors as chairman.
Lars Clausen has accepted the position as chairman of the board of directors of Kvasir Technologies. Lars has worked in the energy industry for more than 30 years and has served as CEO of both Shell and Ørsted.
Lars is known for his strong commitment to the green transition, which he start
Kvasir signs MoU with Spanish EPC Duro Felguera
Copenhagen, 28 October, 2021
Kvasir and Duro Felguera have signed a Memorandum of Understanding to cooperate on the construction of a biofuel plant in Spain.
Duro Felguera is a globally recognized EPC with more than 20 years of experience in building power plants and other large infrastructure projects, it’s listed on the stock exchange in Madrid and employs more than 1100 employees.
Kvasir Technologies secures funding from EU to accelerate the development of its biofuel technology
Copenhagen, 7 June, 2022
Kvasir Technologies – a Danish technology company developing a process to produce climate friendly fuel for the shipping industry – has secured € 2.5 million in support from the EU program EIC accelerator.
Kvasir Technologies is a spin-out company from the Technical University of Denmark, where the process was invented by CEO and co-founder Joachim Bachmann Niel
Visit by H.R.H. Crown Prince Frederik
Copenhagen, 19 Oct, 2020
Kvasir had the pleasure of being visited by H.R.H Crown Prince Frederik of Denmark
Today Kvasir Technologies had the pleasure of showing biooil samples and discussing the great potential of the technology with the Crown Prince. The enthusiasm for disruptive climate innovation was mutual and it was a pleasure to engage in a close session with the Crown Prince. Pho
Kvasir enters collaboration with shipping company NORDEN
Copenhagen, 5 December, 2019
Global shipping Company NORDEN and Kvasir Technologies have agreed to collaborate on testing and development of the next generation of marine biofuels.
Kvasir has developed a new process that can turn non-edible biomass into a CO2 neutral marine biofuel,the fuel can be produced at the massive scale needed by the shipping sector, as the biomass is abundantly avail