Investors

Originally Bifrost is funded by ten private shareholders and DTU – Danmarks Tekniske Universitet.

Grants

Proof of Concept (PoC) grant from DTU.
DKK 1 000 000 (approx. US$ 145 000)
Alexander Foss’s Industrifond.
DKK 125 000 (approx. US$ 18 000)
Climate KIC – European Institute of Innovation
Phase I € 25 000 (approx. US$ 27 000)
Climate KIC – European Institute of Innovation
Phase II € 25 000 (approx. US$ 27 000)
Inclusion in Industriens Fond/Scion
DTU’s Danish Tech Challenge
DKK 500 000 (approx. US$ 72 000) Prize from
Industrial Foundation Denmark, as winning prize for
being selected Entrepreneurial Start-Up of the Year 2017

Bifrost presently seeking funding to take us to volume production stage.

A private placement transaction , valued at US$ 9 M, is envisaged.