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Lyfa

The business, the turning points, and the decisions behind them.

Founded2019
Event year2022
FundingUS$477.3K
Some sections are still being researched1 / 4

Sections to complete:02

01 / WHAT IT BUILT

What the company did

Lyfa was a Basel-based zero-waste online supermarket founded in 2019 by Michael May and Lewys Thomas. It delivered around 250 grocery products in reusable packaging instead of single-use packaging, collecting empties on the next delivery to create a circular packaging loop, with next-day delivery across Switzerland and Liechtenstein. Backed by Rockstart and the Swiss Startup Group, it entered liquidation in October 2022.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Liquidation

    Shareholders' resolution dated 11 Oct 2022 put Lyfa Innovations GmbH (CHE-229.313.490, Basel) into liquidation; creditor debt calls published in SHAB 20–24 Oct 2022.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Raised a pre-seed round in 2021 led by the Swiss Startup Group with Rockstart as co-investor (amount undisclosed).

  2. 02

    Shareholders' resolution dated 11 October 2022 put Lyfa Innovations GmbH (CHE-229.313.490, Basel) into liquidation, with creditor debt calls published in the Swiss Official Gazette of Commerce (SHAB) on 20-24 October 2022.

  3. 03

    No quantified loss figure was disclosed in the liquidation record.