Hubcycle
Founded 2016 · 43 employees on LinkedIn · 9 known investors
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Hubcycle identifies and sources by-products from the agri-food industry, transforming them into high-quality, sustainable ingredients for food manufacturers at competitive prices.
Also known as Hub.cycle · Hub.cycle by GMR
Investors · 9
How we know: Bleu Capital's portfolio page · a partner's Signal profile · research · nordic9.com · Not right? Tell us
How we know: Daphni's portfolio page · a partner's Signal profile · the VCSheet dataset · research · nordic9.com · Not right? Tell us
How we know: research · etfpartners.capital · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: research · nordic9.com · open dataset · 5k.vc investor directory · Not right? Tell us
Also in the syndicate · 3
Company profile
researched Aug 2026Hubcycle is an Avignon, France-based company that upcycles secondary flows from agro-industrial processing into new raw materials for the food and personal care industries. It identifies the parts of fruits, vegetables, spices and other plants that a given factory does not use — fruit peels, off-grade vegetables, oil pressing residues, powders that are too fine or too coarse — and characterises the molecules and functionalities they contain so they can be sold as inputs to other industries. Outputs include spices, flours, juices and aromas.
The company operates as a platform connecting industrial suppliers of by-products with industrial buyers of ingredients, breaking down production chains to locate unused resources. Each by-product source is described by around 800 data points, and the company runs a laboratory used to characterise by-products for different industrial applications. It is classified in the recycling/cleantech segment with a B2B model and, as of 2024 disclosures, employed between 11 and 50 people.
Hubcycle positions its offer around cost as well as environmental performance: it states its upcycled ingredients are on average 30% cheaper than standard ingredients, and it addresses an estimated 290 million tons of factory waste generated annually.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsFollowing its 2024 round, Hubcycle stated it intends to scale globally in agro-industrial upcycling and to hire 80 new employees over the next two years.
Hubcycle announced a third fundraising round of EUR 15 million backed by new investors ETF Partners, Raise and Techmind alongside historical investors Daphni, Citizen, Swen and Bleu Capital. Proceeds are earmarked for identifying 4,000 new waste sources, launching 400 new ingredients, a new technological approach to exploit the 800 data points per waste source, quality assurance and certification, logistics, lab tooling and 80 new hires over two years.
Avignon-based Hubcycle completed a EUR 3.5 million (about $3.8 million) round co-led by Citizen Capital and Bleu Capital, joined by existing investors Daphni and Swen Capital Partners.
$3.8M source ↗
Hubcycle raised EUR 1.5 million from daphni and Swen Capital in 2021, prior to its 2022 round.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- ETF Partners invests in Hubcycle, a groundbreaking company revolutionising the upcycling of food by-products! - ETF Partnersetfpartners.capital · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Hubcycle do?
- French upcycling platform converting food and plant industry by-products into food and cosmetic ingredients.
- Who are Hubcycle's investors?
- Hubcycle's investors include Bleu Capital, Daphni, ETF Partners, Citizen Capital, RAISE, SWEN Capital Partners.





