Lypid Co-Founders

Jen-Yu Huang & Michelle Lee ©Lypid


Lypid Raises $4M in Seed Funding for PhytoFat: Animal-Like Vegan Fats

Lypid, a startup specializing in plant-based fats, has secured a $4 million seed raise to scale PhytoFat – a platform for creating animal-like fats from plant oils. Lypid plans to bring its product to market in 2022 before a wider expansion in the US, Europe and Asia. Created by Jen-Yu Huang and Michelle Lee, Lypid’s PhytoFat platform uses microencapsulation to trap liquid plant oils in water, yielding a product with animal fat-like qualities. The PhytoFat maintains its characteristics when heated above 329 degrees Fahrenheit (165 Celsius), providing vegan fat with a juicier texture, better melting behavior and improved nutrition profile.  PhytoFat can be customized to suit different meat-fat applications, such as chicken or beef, and contains no artificial additives, hydrogenation, or trans fats.  Using lighter …