About QuantaFuel
QuantaFuel is a company based in Lysaker (Norway) founded in 2014 was acquired by Viridor in May 2023. QuantaFuel has raised $21.94 million across 3 funding rounds from investors including BASF, European Union and Viridor. The company has 46 employees as of December 31, 2024. QuantaFuel offers products and services including Chemical Recycling Technology and Waste Upgrading Services. QuantaFuel operates in a competitive market with competitors including Allonnia, Lucro, Deluxe Recycling India, MacroCycle and Continuus Material Recovery, among others.
- Headquarter Lysaker, Norway
- Employees 46 as on 31 Dec, 2024
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Quantafuel Asa
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Annual Revenue
$5.43 M (USD)889.97as on Dec 31, 2022
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Net Profit
-$39.06 M (USD)-9364.9as on Dec 31, 2022
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EBITDA
-$24.53 M (USD)-35.14as on Dec 31, 2022
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Total Equity Funding
$21.94 M (USD)
in 3 rounds
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Latest Funding Round
$31.76 K (USD), Grant
Jan 01, 2022
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Investors
BASF
& 2 more
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Employee Count
46
as on Dec 31, 2024
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Acquired by
Viridor
(May 01, 2023)
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Products & Services of QuantaFuel
QuantaFuel offers a comprehensive portfolio of products and services, including Chemical Recycling Technology and Waste Upgrading Services.
Converts plastic waste into valuable products for sustainable management
Processes low-quality plastic into high-demand recycled materials
People of QuantaFuel
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Funding Insights of QuantaFuel
QuantaFuel has successfully raised a total of $21.94M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $31.76 thousand completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in QuantaFuel
QuantaFuel has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include BASF, European Union and Viridor.
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Chemicals and related products are produced and marketed globally.
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Plastics recycling and energy generation from waste are provided.
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Investor details for QuantaFuel
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Investments & Acquisitions by QuantaFuel
Investment portfolio details for QuantaFuel
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Financial Statements - QuantaFuel
Detailed financials for QuantaFuel
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Quantafuel Comparisons
Peer comparison for QuantaFuel
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Competitors of QuantaFuel
QuantaFuel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Allonnia, Lucro, Deluxe Recycling India, MacroCycle and Continuus Material Recovery, among others.
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Plastic waste is upcycled through advanced biology and technology solutions.
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Post-consumer plastic waste is collected, recycled, and manufactured into products.
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Manufacturer of recycled composite boards and related products. It produces sturdy, environmentally friendly alternatives to wood, plywood, and plastic-based panels for various applications including furniture, packaging, roofing, and pallets. The manufacturing process prioritizes zero gas emission, zero water effluent, and zero solid waste. The company's products offer cost reduction and consistent quality for end-users. A commitment to sustainability drives its operations, utilizing recycled materials to create high-quality, reusable products.
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Developer of zero-carbon plastic upcycling technology
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Provider of paper and plastic recycling services
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Detailed competitors of QuantaFuel
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Latest news on Quantafuel
Complete news archive for QuantaFuel
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Frequently Asked Questions about QuantaFuel
QuantaFuel was founded in 2014 and raised its 1st funding round 5 years after it was founded.
QuantaFuel is headquartered in Lysaker, Norway.
Kjetil Bohn is the current CEO of QuantaFuel.
QuantaFuel is a funded company, having raised a total of $21.94M across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at QuantaFuel is 46.
Annual revenue of QuantaFuel is $5.43M as on Dec 31, 2022.
Founded in 2014 and based in Lysaker, Norway, technology for chemical recycling of plastic waste is developed by QuantaFuel. Operations center on transforming waste into usable products, with efforts directed toward establishing circular value chains. Plants are planned for rollout to support sustainable waste management in the environmental sector, addressing global plastic challenges through practical implementation.
QuantaFuel's top competitors include Lucro, Allonnia and revalyu Resources.
QuantaFuel offers Chemical Recycling Technology and Waste Upgrading Services.
QuantaFuel has 3 investors. Key investors include BASF, European Union, and Viridor.