Danish cleantech company rakes in capital in run-up to flagship project

Eifo and The Footprint Firm are new investors in Kvasir Technologies, a developer of biofuel technology with investors including Maersk.

(L-R):Mikkel Skytte Hejbøl (the Footprint Firm), Anders Bak Kristoffersen (Kvasir co-founder/COO), Joachim Bachmann-Nielsen (Kvasir co-founder/CEO) og Johan Bitch Nielsen | Photo: Kvasir

by OLE ANDERSEN

Danish company Kvasir Technologies, which has developed technology for the production of biofuel for ships and airplanes, has raised an additional EUR 3m in an extended seed round from the advisory and investment house The Footprint Firm and the state fund Eifo.

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