Hyfe
Chicago, US · Founded 2021 · Delaware corporation · 12 employees on LinkedIn · 6 known investors
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.
MR
Michelle RuizinFounder
AS
Andrea SchoenNamed on SEC filing
Investors · 6
Reported raises · per SEC filings
Form D private placements$13M disclosed across 2 rounds · 2022–2023
▶$11MraisedJun 2023 · 16 investors · OtherRule 506(b)
▶$11MraisedJun 2023 · 16 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$2MraisedJun 2022 · 11 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- 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.
Competitors · 1
by search overlapCompanies competing with Hyfe for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Shark Tank featured startup NapTapGo raises Rs 8 crore fundingzeebiz.com · Jul 2026Frequently 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.