About us

Redefining our energy economy

Kvasir was built on a vision that we can eliminate carbon emissions from heavy transportation, by harnessing natural and abundant sources of biomass that do not compete with food.

TechnologySustainability

About us

Experienced inventors with a strong passion

Our team includes the inventor of the proprietary liquefaction technology and strong competencies in sustainable development and oil and shipping.

Our story

Background and history

Kvasir Technologies has brought together a team with decades of relevant industrial experience, and with 10  years of intensive research backing up our technology we are ready to scale.

Our history is outlined in the illustration below:

2012-2017: Academic research

Proof of concept work at the Technical University of Denmark

  • Proof of concept
  • Kvasir’s process invented and patent applied for (later granted)
  • Industrywide research participation from Maersk, MAN Energy Solutions, Haldor Topsoe, and Ørsted
  • Production scale: Milliliters

2018-2019: Kvasir is founded

R&D, process optimization and preparing for scale-up

  • Kvasir incorporated as a univeristy spin-out: 2018
  • Multiple research grants secured
  • Partnership with future customer DS Norden in ShippingLab
  • Process optimization and securing IP agreement with university

2020-2023: Piloting and scalability

Continuous pilot studies

  • Proof of scalability
  • Pilot studies in Iowa, USA
  • Seed funding and new patents applied for
  • Colaboration with Alfa Laval and part of Innovation House.
  • MoU signed with Spanish EPC Duro Felguera for the construction of a demo plant.
  • Production scale: Liters

2024: Demonstration plant

Scale-up and commercialization

  • 2 ton oil per day demonstration plant based on converting agricultural waste residues
  • Ship trials scheduled with Kvasir’s bio fuel
  • Production scale: 500 – 1000 ton p.a.