About Mogu
Mogu is a company based in Varese (Italy) founded in 2015 by Maurizio Montalti. Mogu has raised $13.35 million across 8 funding rounds from investors including European Union, CDP Venture Capital and ECBF. Mogu offers products and services including Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles. Mogu operates in a competitive market with competitors including Ecovative, Biohm and Mycotech Lab, among others.
- Headquarter Varese, Italy
- Founders Maurizio Montalti
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Mogu S.R.L.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.35 M (USD)
in 8 rounds
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Latest Funding Round
$12.04 M (USD), Series A
Jan 09, 2024
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Investors
European Union
& 6 more
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Employee Count
Employee Count
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Products & Services of Mogu
Mogu offers a comprehensive portfolio of products and services, including Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles.
Wall panels with sound absorption from mycelium materials
Customizable panels for innovative space design
Bio-based tiles from agro-residues for sustainable floors
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 Total Funding
- Total Rounds 8
- Last Round Series A — $12.0M
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First Round
First Round
(01 Oct 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Mogu | Valuation | CDP Venture Capital , ECBF | |
| Jun, 2021 | Amount | Grant - Mogu | Valuation |
investors |
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| Mar, 2021 | Amount | Grant - Mogu | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and fund of funds focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital is provided by ECBF for bioeconomy transformation.
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Founded Year | Domain | Location | |
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Venture investment arm of Kering Group is operated.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mogu
Financial Statements - Mogu
Mogu Comparisons
Competitors of Mogu
Mogu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecovative, Biohm and Mycotech Lab, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable biodegradable materials are developed using mycelium technology.
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| domain | founded_year | HQ Location |
Mycelium-based building materials are manufactured from agricultural waste.
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| domain | founded_year | HQ Location |
Mycelium-based composite materials are manufactured for sustainable applications.
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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 current CEO of Mogu.
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 $58.69K, raised on Oct 01, 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's top competitors include Ecovative, Biohm and Mycotech Lab.
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.