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SQIM develops mycelium-based biomaterials for acoustic panels and flooring.
Based in Varese, Italy, SQIM develops and manufactures biomaterials based on mycelium. Its Mogu Acoustic Panels use fungal mycelium and upcycled textile residues, while Mogu Floor products are bio-based tiles and rolls made from agro-industrial residues. In January 2024, Mogu S.r.l. raised EUR 11 million in Series A funding co-led by ECBF and CDP Venture Capital, with participation from Kering and returning investor Progress Tech Transfer. The company planned to fund R&D, scale operations and build a production plant.
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