Sqim news and archive

Biotech company Mogu raises 11 million euros in funding

Italian biotech company Mogu Srl, also known as Sqim, which specialises in biofabricated materials made from pure mycelium, the root structure of mushrooms, has raised 11 million euros in Series A funding to allow for further industrial scaling of its innovative technologies and to develop its Ephea and Mogu product lines. The funding round was...

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Sqim wins 2023 ANDAM Innovation Prize

Italian materials company Sqim, which specialises in biofabricated materials made from pure mycelium, the root structure of mushrooms, has been awarded the ANDAM 2023 Innovative Prize. Sqim is the first biotech company to be cultivating mycelium on a pure basis, explains ANDAM in the press release, a process that eliminates the use of...