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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mogu
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mogu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mogu
Frequently Asked Questions about Mogu
When was Mogu founded?
Mogu was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Mogu located?
Mogu is headquartered in Varese, Italy. It is registered at Varese, Lombardy, Italy.
Who is the current CEO of Mogu?
Stefano Babbini is the current CEO of Mogu.
Is Mogu a funded company?
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.
What does Mogu do?
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.
Who are the top competitors of Mogu?
Mogu's top competitors include Ecovative, Biohm and Mycotech Lab.
What products or services does Mogu offer?
Mogu offers Acoustic Panels, PLUMA Panels, Floor Flex, and Floor Tiles.
Who are Mogu's investors?
Mogu has 7 investors. Key investors include European Union, CDP Venture Capital, ECBF, Kering Ventures, and Progress Tech Transfer.