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Hyfé
Chicago, Illinois, United Stateshyfe.tech ↗
- Ownership
- Private
- Employees
- ~5
- Development stage
- Preclinical
01
Overview
Hyfé has demonstrated the ability to convert nutrient-rich wastewater from food processing into valuable feedstocks for biomanufacturing and clean water. The company has raised $11 million in funding to advance commercial partnerships and scale its technology demonstration. Its initial product was mycelium flour made via fermentation of upcycled sugar water but pivoted to focus on enabling the broader bioeconomy through low-cost alternative feedstocks.
No clinical results as it does not develop therapeutics.
- Therapeutic areas
- Other
- Modalities
- Fermentation-based biomanufacturingMycelium technologyFungal fermentation
- Industry
- Non-Drug Biotech
02
Partnerships
Supported by U.S. Department of Energy’s Chain Reaction Innovations grant program at Argonne National Laboratorycommercial partnerships with food processors/manufacturers
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