Mogu

Varese, Italy Founded: 2015 • Age: 11 yrs
Mycelium-based solutions for floor tile production are provided by Mogu.

About Mogu

Mogu is a Real Estate & Construction company based in Varese (Italy) founded in 2015 by Maurizio Montalti. Mycelium-based solutions for floor tile production are provided by Mogu. Mogu has raised $13.35 million across 8 funding rounds from investors including European Union, CDP Venture Capital and ECBF. Its chief executive, as recorded, is Stefano Babbini. Its website mogu.bio draws about 15 thousand monthly visits. Mogu offers products and services including Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles. Its focus areas include Real Estate and Construction Tech, Construction Tech, Building Materials and Advanced Building Materials. Its legal entity is Mogu S.r.l.

Company details

Mogu was founded in 2015 in Varese, Italy, as a provider of mycelium-based materials for floor tiles. Operations focus on bio-materials, green chemistry, and biotechnologies within the circular economy sector. Services include interior architecture, product design, flexible fabrics, and green building applications. The company supports sustainable practices through mycelium innovations for various design and construction needs.

  • Headquarters Varese, Italy
  • Founders Maurizio Montalti
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website mogu.bio
  • Social LinkedIn X Facebook Instagram
  • Legal Name Mogu S.R.L.
Key Metrics
  • Total Equity Funding
    $13.35M (USD)

    in 8 rounds

  • Latest Funding Round
    $12.04M (USD), Series A

    Jan 2024

  • Investors

Products & Services of Mogu

Mogu offers a comprehensive portfolio of products and services, including Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles.

Acoustic Panels
Interior Design

Wall panels with sound absorption from mycelium materials

PLUMA Panels
Wall Coverings

Customizable panels for innovative space design

Floor Flex
Flooring

Bio-based tiles from agro-residues for sustainable floors

Floor Tiles
Flooring

Resilient flooring mimicking stone with eco-friendly touch

Funding Insights of Mogu

Mogu has successfully raised a total of $13.35M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $12.04 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $13.35M
  • Total Rounds 8
  • Last Round Series A β€” $12.04M
  • First Round $1.74M

    (Oct 2018)

  • Investors Count 7

All 8 funding rounds of Mogu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$12.04MSeries A–CDP Venture Capital, ECBF
Jun 2021$283,428Grant––
Mar 2021$58,688Grant––
Mar 2021$1.31MSeed–Progress Tech Transfer, Riso Gallo
–
Nov 2020$608,124Grant––
Jan 2020$319,828Grant––
Dec 2019$471,703Grant––
Oct 2018$1.74MGrant––
Valuation history

7 investors in total: 7 institutional.

Investors in Mogu

Mogu has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, CDP Venture Capital and ECBF.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital and fund of funds focused on multiple sectors
cdpventurecapital.itRome, Italy
Venture capital is provided by ECBF for bioeconomy transformation.
ecbf.vcBonn, Germany
Venture investment arm of Kering Group is operated.
kering-ventures.comParis, France
progressttfund.it
Government agency and accelerator focusing on innovative startups and SMEs
eicfund.euBrussels, Belgium
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Provides authentic Italian rice, risotto, and recipes for consumers and food services.
1856risogallo.co.ukRobbio, Italy
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Investor details for Mogu

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

People of Mogu

2 people are tracked at Mogu (2 in leadership).

NameRoleGroup
Maurizio Montalti
Co-FounderLeadership
Stefano Babbini
CEOLeadership
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Complete people profiles for Mogu

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
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Verified entity values are shown only after access is granted.

Timeline of Mogu

3 dated milestones of Mogu across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mogu is founded.
  2. Funding First funding round of $1.7M.
  3. Funding Latest funding round, Series A, of $12.0M.

Web traffic of Mogu

The website of Mogu (mogu.bio) receives about 14.7K visits a month.

  • Monthly visits
    14.7K

    ▼ 29.9% vs previous month

Similar websites

Websites whose visitors overlap most with Mogu. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
forbo.com
100%
407.8K#101,895View details
stsisolamenti.com
stsisolamenti.com
69%
#11,255,847–
rinnovabili.it
rinnovabili.it
56%
#229,527–
parametric-architecture.com
56%
#148,419View details
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Related news about Mogu

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Frequently Asked Questions about Mogu

Mogu was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Mogu is headquartered in Varese, Italy. It is registered at Varese, Lombardy, Italy.

Stefano Babbini is the CEO of Mogu, as recorded in our data.

Mogu is a funded company, having raised a total of $13.35M across 8 funding rounds to date. The company's 1st funding round was a Grant of $1.74M, raised on Oct 2018.

Mogu was founded in 2015 in Varese, Italy, as a provider of mycelium-based materials for floor tiles. Operations focus on bio-materials, green chemistry, and biotechnologies within the circular economy sector. Services include interior architecture, product design, flexible fabrics, and green building applications. The company supports sustainable practices through mycelium innovations for various design and construction needs.

Mogu offers Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles.

Mogu has 7 investors. Key investors include European Union, CDP Venture Capital, ECBF, Kering Ventures, and Progress Tech Transfer.

Mogu operates through Mogu S.R.L..

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