Proof of Usefulness Report

Biohifas

Analysis completed on 2/3/2026

+78
Proof of Usefulness Score
You're In Business

Biohifas is a verified early-stage biotechnology startup (Lithuania) converting industrial food side streams into mycelium-based protein. Search confirms legitimate traction, including participation in the 'Plug and Play' accelerator (2024) and a strategic partnership with major bakery producer 'Mantinga' to produce fermented meat alternatives (2025). However, the project submission itself is of extremely low quality, containing false claims (e.g., 'most people have used my product') and missing financial data. The score reflects high real-world utility and verified B2B pilots, heavily penalized by the poor credibility of the submission text.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+27.00
Audience Reach Impact+6.40
Technical Innovation+12.75
Evidence Of Traction+12.00
Market Timing Relevance+9.00
Functional Completeness+0.50
Subtotal+67.65
Usefulness Multiplierx1.15
Final Score+78

Project Details

Project URL
Description
Biohifas employs the power of mycelium and valorizes industrial side streams into the food. We are developing technology in 3 areas: - Side stream processing into food grade substrates. - Mycelium cultivation in solid state fermentation. - Raw material conservation. We are looking for curious minds, who are amazed by the great kingdom of fungi. Let's employ the power of mycelium and solve the problems that our world faces!

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline