MOGU

MOGU is an innovation-driven design company based in Italy, founded in 2015. The company's slogan, "Radical by Nature," signifies its commitment to disrupting traditional manufacturing practices by leveraging mycelium technologies and embracing the principles of Circular Economy. Mogu's partnership with surrounding life-systems and its focus on mycelium technology enables the development and commercialization of innovative products and solutions for interior design and architecture. This approach aligns with the company's emphasis on growth, cultivation, and a strong product-driven strategy. The recent €11.00M Series A investment on 09 January 2024 drew support from notable investors including ECBF, CDP Venture Capital SGR, Progress Tech Transfer Fund, and Kering Ventures. This investment bolsters Mogu's position in the biotechnology industry and supports its aspirations to expand the influence of mycelium-based technologies in additional fields and markets. Currently, Mogu offers the first commercial mycelium-based products on the market, targeting interior design applications. The company's commitment to sustainable and renewable solutions without compromising performance underscores its potential for creating a positive impact on people's lives. As part of the SQIM technology holding, Mogu aims to continue widening opportunities arising from R&D activities and further realizing the potential of mycelium-based technologies.