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Hexafly

Hexafly

Private
NavanEnergy & Sustainabilityhttps://hexafly.com/

Last Round

Series B

Oct 12, 2022

Total Funding Raised

$8.45M

Company Overview

Hexafly is a biotechnology company that uses black soldier flies to convert food waste into sustainable protein, oil, and fertilizer.

Sector

Energy & Sustainability

Verticals

Biotechnology, Circular Economy, Sustainable Materials, Waste Management

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

insect proteinblack soldier flyinsect farmingsustainable feedorganic fertilizercircular economyinsect oilaquaculture feedwaste upcyclingalternative proteinagritechinsect frasspet food ingredientsbug proteinsustainable agriculture

Historical Pricing

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Caplight Momentum Score

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Hexafly Comparables

Compare Hexafly with similar companies based on industry and business-model similarity.

Hexafly comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
nextProtein
91%
Agronutris
90%
Agroloop
90%

Hexafly Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BOct 12, 2022
Convertible DebtApr 7, 2021
SeedFeb 4, 2019
GrantSep 30, 2018
SeedFeb 1, 2018
Seed
Mar 17, 2017

Key People

Founding team and executive leadership

Alvan Hunt

CEO Co-Founder

Founding Team

Stephen Broe

Chief Operating Officer, Plant Manager, Operations Manager

Executive Team

Hexafly Investors

Notable investors and investment history

Hexafly investors
InvestorRounds
European Innovation Council FundGrant
TSV CapitalSeed
Halo Business Angel NetworkSeed
Forsage HoldingsConvertible Debt
SOSVSeed, Accelerator
The Yield LabSeed
Enterprise IrelandSeed

Market signals

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  • Feb 4, 2019

    $1.3M round led by Halo Business Angel Network.

  • Sep 30, 2018

    $58K grant received from European Innovation Council Fund.

Hexafly Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Hexafly Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNavan
Employee Range11
Year Founded2016
Last FundingOct 12, 2022

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