Kvasir Technologies is a Danish company that has developed a game-changing technology to produce climate-friendly fuel for hard-to-abate industries. The company's proprietary process can convert any biomass waste resource into an oil product at a previously unseen high yield, which can be used as a drop-in fuel in the maritime industry.

Kvasir Technologies

Imagine a world without fossil fuels! With our technology you can be part of a team who are working towards giving the entire existing fleet within shipping, cruises etc. a real chance to meet the 40% CO2 emission reduction goal in 2030, and 50% in 2050.
We only use agricultural residues in our production, and by doing so, we support farmers by adding value to what is otherwise disposed of, and we avoid any competition between growing food or growing feedstocks for fuel.
Replacing fossil fuel oil with our biofuel and sequestering carbon in the farmland that provided the biomass, has the combined effect of creating a carbon negative product.
And that is how we get to a world without fossil fuel!
We are looking for people who are interested in being part of our success.

We are super proud to be among the New Energy Challenge finalists this year - thanks for highlighting our efforts to drive change towards a more sustainable tomorrow! 🙏🏽💚

Green and game-changing innovation is critical combined with raw willpower to make it happen. The transition should happen as seamlessly as possible to reduce OPEX and CAPEX investment for the hard-to-abate sectors 🚢 🛫 - to drive the change to fossil-free fuels as fast as possible. 

That's why we say: Change the fuel - not the engine!

#changemaker #greenfuels #kvasirtechnologies #fuelfromwaste

At TechBBQ in Copenhagen, Søren Houmøller from 1st Mile - Project Financing spotlighted our COO and Co-founder, Anders Kristoffersen.

Representing one of the startups Søren has supported, Anders delved into Kvasir Technologies' journey of raising capital beyond the usual venture avenues. We’re on a promising path, marked by continuous learning and growth. We’ve successfully secured seed funding and, earlier this year, ventured into venture capital 💚 .

Our next major funding phase is on the horizon as we concentrate on amplifying our sustainable lignin-based biofuel technology. Plans for our debut demo plant in Denmark are underway, emphasizing our dedication to reshaping the biofuel landscape👨🔬 🔬. 

We’re grateful for the milestones already reached and remain committed to delivering impactful solutions to sectors like marine and aviation, which are actively seeking effective decarbonization strategies.

A big thank you to everyone who has been part of our journey so far!
#sustainablebiofuel #greengrowth #fundingjourney #sharinginsights #kvasirtechnologies #techbbq

🛳 An Inspiring Journey Aboard Laura - The World’s First Methanol-Enabled Container Vessel 🌎 

Yesterday marked a monumental day, not just for A.P. Moller - Maersk, but for all of us striving for a more sustainable future. We at Kvasir Technologies were incredibly honored to be invited by our investor, Maersk, for a guided tour of Laura - the world’s first methanol-enabled container vessel.

 👨✈️ The tour, led by Laura’s 3rd Engineer, covered every nook and cranny of this game-changing vessel, including an eye-opening visit to the engine room.

🎯 During the inauguration ceremony earlier in the day, Maersk CEO Vincent Clerch declared, “This new green vessel is the breakthrough we needed, but we still have a long way to go before we make it all the way to zero.” These words resonated deeply with us at Kvasir Technologies.

 💚 Our mission is to scale our biomass waste-based oil, which can serve as either a supplement or a complete replacement for fossil-based marine fuel. A significant advantage of our biofuel is its compatibility with existing ship engines. 

🛫 Beyond the marine sector, our biofuel also shows promising development for aviation.

🌱 Maersk’s ambitious 2040 net-zero greenhouse gas emissions target is a rallying call for all in the green sector. May their bold actions inspire other industry leaders to follow suit.

🙏🏽 A huge thank you to Maersk for inviting us to be part of this historic day. The experience has redoubled our commitment to sustainable innovation.
 
As we head back to our labs, the words of Laura’s chief engineer stay with us ⏳: 

“Go home and produce all the green fuel you can - the world needs it now!”

#GreenTechnology #Sustainability #NetZero #MarineBiofuel#Innovation #GreenTransition #Maersk #KvasirTechnologies

Our CEO, co-founder, and inventor of Kvasir's technology Joachim Bachmann Nielsen recently participated in ShippingLabs conference at DTU - Technical University of Denmark along with 200 other participants from the marine sector. Many interesting learnings and results were shared from the important work within decarbonization, autonomy, and digital ship operations, conducted by more than 40 partners in +20 projects. 

Joachim Bachmann Nielsen also presented insights from our recent developments at Kvasir Technologies inluding the completion of our many pilot runs with litre-scale bio-oil production, and the fact that we are now starting ton-scale demonstration activities in Fredericia 🚀  
Joachim revealed also that Kvasir's bio-oil proves to be particularly suitable for maritime use due to its specs 🚢 💡   

Thanks again to ShippingLab for inviting us as presenters - we are proud to be among the thought leaders in the industry as it continues to facilitate, develop, and perform technical projects - solved in collaboration between maritime stakeholders. Last, but not least, the forum is an important environment for us to spot new talents who are urgently needed by companies like ours to fullfill our mission and help decarbonise the world 🌍 .

Did you see? We are looking for a Lead Process Engineer to help us succeed making the world green. Read more and apply here https://lnkd.in/eSHQJZDG #greenenergy #job #engineeringjobs

Press Release Announcement 📢 

We are very excited about our latest achievement. We have been selected as one of the top 10 finalists in the renowned New Energy Challenge 2023 🎉✨
Being recognized as a finalist in this prestigious competition is a testament to our team's dedication and groundbreaking biofuel technology. 🌱💪

Read our press release below 👇 and stay tuned for more updates as we continue our journey to revolutionize the renewable energy landscape and contribute to a greener, more sustainable future for all! 💚🌍

#KvasirTechnologies #NewEnergyChallenge #PressRelease #Sustainability #Innovation #RenewableEnergy #Biofuels #ClimateAction #CleanEnergy #GreenFuture #ExcitingNews #NEC202 #Shell #YesDelft #Rockstart #UnknownGroup

🎉 Exciting News 📣

We are thrilled to share that we have been selected as one of the 10 finalists in the prestigious New Energy Challenge  🚀✨ 

This high-profile competition for startups and scaleups in renewable energy aims to accelerate the development of new and innovative solutions to mitigate the climate and energy challenge. Being selected as a finalist highlights our innovative technology in creating biofuel from biomass waste.

We would like to extend our gratitude to the partners and organizers behind the NEC: Rockstart,  Shell, Unknown Group, and YES!Delft.

Thank you for providing us with the opportunity to showcase our breakthrough biofuel technology. Your support is invaluable as we work towards revolutionizing future biofuels.

The world needs accelerator programs like the NEC that provide a platform for cutting-edge innovators to develop emerging technologies that promote sustainability and shape the future of the energy sector at scale. We are honored to be part of this remarkable initiative.

“Being selected as a finalist in the New Energy Challenge is a great honor for our company. It is a testament to the dedication of our team. We are committed to pushing the boundaries of innovation and transforming the need for sustainable fuels in hard-to-abate sectors with our biofuel technology,” says Joachim Bachmann Nielsen, CEO and Co-founder of Kvasir Technologies.

Throughout the program, we look forward to enhancing our skills and knowledge while collaborating with industry leaders. Together, we will shape the future of sustainable energy.

A big thank you also to our team, investors, partners, and supporters who have been with us every step of the way. Without your support, none of this would have been possible.
Stay tuned as we embark on this exciting journey in the New Energy Challenge! 

Follow our updates on LinkedIn and visit our website www.kvasirtechnologies.com to learn more about our progress towards a greener, more sustainable future 💚.

#KvasirTechnologies #NewEnergyChallenge #Sustainability #Innovation #Biofuels #Denmark #EnergySector #AcceleratorProgram #Gratitude #NEC2023 #Shell #YesDelft #Rockstart #UnknownGroup

Here's a heartwarming story about Jonas, a talented sixth grader who recently visited our office with his dad, Anders Holmen Pedersen, our Senior Research Chemist. Jonas helped us construct a remarkable LEGO model container ship, generously gifted by our investor, Maersk Growth. 

Jonas not only impressed us with his LEGO skills, but the ship also symbolizes the challenge the world faces in the transition to a more sustainable future. Currently, over 98% of the 100,000+ global merchant fleet still relies on fossil fuels. As a green fuels developer, we work tirelessly to assist the hardest to abate sectors like marine and shipping - by developing new and cleaner fuels. 

Our unique one-step process efficiently converts lignocellulose (biomass waste) into a high-yield biofuel, directly replacing fossil fuel oil. Our goal in the coming years is to scale this method, supporting the marine sector in achieving their CO2 reduction targets set by The International Maritime Organization (IMO): 40% by 2030 and 50% by 2050. 

Looking ahead, it's fascinating to think that Jonas will be 20 years old in 2030 — a pivotal year for the world’s climate targets and CO2 reduction efforts. Perhaps Jonas will be inspired to follow in the footsteps of his father, and choose a career path that will help invent new green technologies too. The climate crisis calls for bright minds like Jonas and many others 💚 

At Kvasir Technologies, we're proud to be part of the solution. We remain committed to pushing boundaries, developing innovative green fuel solutions, and creating a sustainable future for our planet  🌎. 

#greenfuels #biofuels #greeninnovation #sustainableshipping #climatesolution #kvasirtechnologies

Ingeniøren, the leading Danish media outlet that primarily focuses on science, technology, engineering, and business-related news and topics, had their journalist Søren Rosenberg Pedersen interview our CEO, Co-founder and Inventor of Kvasir’s technology, Joachim Bachmann Nielsen. 

The article is behind a paywall and in Danish 🇩🇰 - but if you are a member of IDA - and read Danish  - you will automatically have access to it - and if not - you have the choice to sign up to a free one month subscription 🆓.

The article headlined “Directly into the ship’s tank: Biomass residue becomes clean fuel” - gives a great insight into our technology - and what kind of biomass waste that can be used to develop clean future fuels for the hard to abate sectors, such as the marine industry. Lignin is the secret ingredient in our biofuels recipe, as Joachim explains in the article: 

“Lignin is a very strange substance as it has no use for most companies today. So there’s not much economy in extracting lignin. That’s why we’ve aimed for whole biomasses that contain lignin. These are agricultural and forestry residues. In agricultural residues, we use straw, among other things. And because it is a redundant resource, there is not much competition for it.” 

#dkgreen #greenfuels #sustainablebiofuels #greeninnovation #marineindustry  #ingeniøren
#technology #science  #kvasirtechnologies

Last week, we were thrilled to announce that we have recently raised funds from impact and lead investor VÅR Ventures along with Maersk Growth. The funds will help us scale our technology and future growth  🙏🏽💚. 

We're proud of the attention this news has received, not only in Danish media but also in international trade media - energy, fuels and shipping media across. 

It means the world to us that what we do every day is getting the attention of influential media outlets who spread the news across the sectors we are aiming to help decarbonize in the not too distant future. 

Thank you to everyone who has supported us on this journey so far. We're excited to continue working towards a more sustainable energy future. 

If you want to follow news from Kvasir - you can sign up as follower in our new press and news room https://bit.ly/3oYNeqD. 

And if you are interested in reading some of the media coverage our announcement got - pls. feel free to have a look through these:
 
Shippingwatch https://bit.ly/3HJnN2T
Advanced Biofuels USA https://bit.ly/3nvnq5e
Biofuels Digest https://bit.ly/3Ly8qeS
Biofuels International https://bit.ly/3NzVuI0
Ship and Bunker https://bit.ly/3VxgwZG
Offshore Energy https://bit.ly/426qxzF
Marine Inbox https://bit.ly/3LX9ZEk 

#sustainablefuels #greenfuels #innovativetechnology #kvasirtechnologies #changethefuelnottheengine #climatefinance #greentransition #marine #media #thankyou

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Company Name	Kvasir Technologies
Symbol
MSH ID	COM:KVASIRTECHNOLOGIES
Market	PRIVATE
Sector	Energy
Industry	Biomass Electric Power Generation
Country	DK
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Employee Count	13
Website	kvasirtechnologies.com
LinkedIn	kvasirtechnologies
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COM:KVASIRTECHNOLOGIES

Kvasir Technologies

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