Major Funding Round for Supply Chain Sustainability
London-based climate technology platform Mondra has reportedly secured €11.8 million (£10 million) in a Series A funding round, according to sources familiar with the matter. The investment was reportedly led by AlbionVC and Planet A Ventures, with participation from Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures. This substantial funding round follows a £3.4 million (€4 million) Pre-Series A round completed last year.
Table of Contents
Expansion and Platform Enhancement
Sources indicate the investment will accelerate Mondra’s expansion into key European markets including the Netherlands, Germany and France, while also driving further growth in the United Kingdom. The company reportedly plans to enhance its platform capabilities beyond emissions management to include climate risk assessment and supply chain disruption monitoring, according to the funding announcement.
Analysts suggest that as volatile supply chains and climate risks continue to reshape the global food industry, food producers and retailers face growing pressure to address Scope 3 emissions while maintaining affordability and resilience. Mondra’s AI-powered platform uses advanced digital twin technology to map complex supply chains, offering real-time intelligence from farm to fork.
Industry Adoption and Coalition Building
Mondra’s customer base reportedly includes major retailers such as Lidl, Aldi, Tesco and Co-op. The platform was developed in collaboration with the British Retail Consortium (BRC), whose members include leading grocery retailers and suppliers. Together with NGOs and government bodies, this coalition is reportedly establishing a unified standard for product-level sustainability measurement across the food industry.
Jason Barrett, Founder and CEO of Mondra, stated in the announcement that “This investment marks a defining moment for Mondra as we scale our UK success and expand across Europe. Food businesses today must decarbonise, comply with new regulations, and navigate growing supply chain volatility.”, according to recent developments
Investor Confidence in Climate Technology
Adam Chirkowski, Partner at AlbionVC, commented that “At AlbionVC, we see significant opportunity ahead for Jason and the Mondra team as they build a category-defining digital twin technology to strengthen supply chain resilience across the food and beverage sector.”
Nick de la Forge, General Partner at Planet A, added that “We are at the brink of a global food crisis. From climate change and costs to supply security. Mondra is building the data intelligence that is pivotal in driving the food industry toward greater resilience, sustainability, and long-term competitiveness.”
AI Assistant and Industry Recognition
The Series A funding follows last year’s platform rollout to UK grocers, which reportedly marked the launch of Sherpa, Mondra’s AI-powered assistant integrated into the platform to guide business decisions related to climate and supply chain performance. According to reports, Microsoft CEO Satya Nadella described Sherpa as “having great potential to enable food system Net Zero.”
With this latest funding, analysts suggest Mondra aims to continue equipping the food industry with the tools needed to achieve measurable sustainability outcomes while adapting to an increasingly uncertain global environment and managing growing climate risks.
Related Articles You May Find Interesting
- Meta Trims 600 AI Positions Amid Organizational Reshuffle, Yet Doubles Down on S
- Apple Set to Reveal Q4 2025 Earnings Amid Strong Wall Street Projections
- Ledger Unveils Next-Generation Hardware Device Positioned as Digital Identity So
- WhatsApp Zero-Click Exploit Claim Dominates Pwn2Own Security Competition
- Core Scientific Stock Upgraded as Standalone Prospects Outweigh Acquisition Hope
References
- http://en.wikipedia.org/wiki/Supply_chain
- http://en.wikipedia.org/wiki/Ecological_resilience
- http://en.wikipedia.org/wiki/Climate_risk
- http://en.wikipedia.org/wiki/United_Kingdom
- http://en.wikipedia.org/wiki/Supply_chain_resilience
This article aggregates information from publicly available sources. All trademarks and copyrights belong to their respective owners.
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in this article.