Orsingher Ortu – Avvocati Associati in the EUR 11 million investment round for Mogu/SQIM, a leading Italian company in the development of fungal mycelium-based products

A team lead by Luigi Baglivo with Pietro Masi and Maria Rebecca Perugini assisted venture capital Progress Tech Transfer Fund, which invests in sustainability technologies generated in collaboration with Italian public research, in the second round of investment in Mogu S.r.l., a leading company in mycelium-based technologies. The investment round of a total amount of Euro 11 million, led by CDP Venture Capital SGR S.p.A. and co-managed by ECBF I General Partner S.à.r.l. (of the European Circular Bioeconomy Fund), saw the important participation also of Kering Ventures SAS and Progress Tech Transfer Fund (the latter already quotaholder of the target company).

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