Hyfé Foods Turns Wasted Sugar Water into Flour Amidst a Supply Chain Crunch

June 3, 2022 Hyfé Foods

Hyfé Foods, a sustainable foodtech company that produces low-carb, protein-rich mycelium flour, today announced an oversubscribed $2 million investment led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies. Other investors participating in the pre-seed round include: Blue Horizon, Caffeinated Capital, Supply Change Capital, Lifely, Gaingels, Hack Ventures, and angel investors including restaurateurs and founders.