Hyfe
Chicago, US · Founded 2021 · Delaware corporation · 12 employees on LinkedIn · 6 known investors
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Hyfé operates a refining process that extracts specialty ingredients and chemical building blocks from food-processing waste and biomass. It produces high-performance ingredients for the food, beverage, personal care, and nutraceutical industries, along with glucose streams and chemical feedstocks for biomanufacturing.
Founders & leadership
Hyfe was founded in 2021 by Michelle Ruiz.

Investors · 6
How we know: Overwater Ventures Llc's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
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Reported raises · per SEC filings
Form D private placements$13M disclosed across 2 rounds · 2022–2023
▶$11MraisedJun 2023 · 16 investors · OtherRule 506(b)
- Andrea Engel SchoenExecutive Officer, Director
- Michelle RuizExecutive Officer, Director
- Offering amount
- $11M
- Amount sold
- $11M
- First sale
- Jun 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$2MraisedJun 2022 · 11 investors · OtherRule 506(b)
- Michelle RuizExecutive Officer, Director
- Andrea SchoenExecutive Officer
- Offering amount
- $2M
- Amount sold
- $2M
- Minimum investment
- $25K
- Proceeds to insiders
- $300K
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
Companies working in the same space as Hyfe.
Frequently asked questions
- What does Hyfe do?
- Hyfé operates a refining process that extracts specialty ingredients and chemical building blocks from food-processing waste and biomass. It produces high-performance ingredients for the food, beverage, personal care, and nutraceutical industries, along with glucose streams and chemical feedstocks for biomanufacturing.
- Who founded Hyfe?
- Hyfe was founded by Michelle Ruiz in 2021.
- Who are Hyfe's investors?
- Hyfe's investors include Overwater Ventures Llc, Synthesis Capital, Chemistry, Craft Ventures, Pace Capital, The Engine Ventures.
- How much funding has Hyfe raised?
- Hyfe has disclosed $13M raised across 2 rounds.
- Where is Hyfe headquartered?
- Hyfe is headquartered in Chicago, US.





