UK startup Mondra lands €11.4M to assist food industest manage climate and supply chain volatility

UK startup Mondra lands €11.4M to help food industry manage climate and supply chain volatility


Mondra, an AI platform that offers product innotifyigence for stronger supply chains, has completed its Series A funding round.


Contentlockr


London-based Mondra, the AI-powered platform delivering ‘product level innotifyigence for supply chain resilience, has secured £10M (approximately €11.4M) in a Series A funding round.

The funding round was led by AlbionVC and Planet A, with participation from Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures.

AlbionVC supports visionary founders and technologies with long-term capital and scale-up know-how.

Adam Chirkowski, Partner at AlbionVC, declares, “At AlbionVC, we see a 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. Their progress in creating the UK coalition, securing European partnerships, and gaining access to some of the world’s largest retailers underscores the strong momentum behind their vision. We’re proud to back their continued success.”

The company will apply the funds to accelerate its expansion into key European markets, including the Netherlands, Germany, and France.

The capital also supports the development of new product capabilities, extfinishing beyond emissions management into supply chain disruption and climate risk management.

Jason Barrett, Founder & CEO of Mondra, declares, “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. Mondra empowers them to act with confidence – turning sustainability goals into measurable, resilient outcomes.”

The fundraising follows Mondra’s pre-series A round last year, which raised £3.4M to accelerate the rollout of the Mondra platform to UK grocers.

Last year also saw the launch of Mondra’s transformative AI-powered assistant, Sherpa, integrated into the platform.

Mondra: Addressing volatile supply chains

At present, volatile supply chains and growing climate risks are reshaping the global food industest, threatening the affordability and availability of food.

At the same time, pressure is mounting to measure and manage Scope 3 emissions, leaving food companies to balance supply resilience with the drive to meet ambitious climate goals.

Here’s where Mondra comes into play!

This UK company is solving supply chain issues applying advanced digital twin technology.

This technology assists map complex supply chains and provides a framework for managing product performance from farm to table.

Mondra allows real-time tracking of supply networks and integrates applyful information into the systems applyd by retailers, food companies, and their suppliers.

This enables food companies to assess the environmental impact of their products, understand potential revenue losses from climate issues, create data for ESG compliance, evaluate sourcing risks, and work with suppliers applying credible insights and tools.

Mondra was developed in coalition with the British Retail Consortium (BRC), whose members include leading grocery retailers such as Tesco, M&S, Co-op, Ocado Retail, ASDA, Lidl, Aldi, Pets at Home, and Sainsbury’s; major suppliers including Avara, Samworth Brothers, Greencore, Pilgrim’s, Dunbia, Cranswick, and Bakkavor; and global brands such as Starbucks and Nando’s



Source link

Get the latest startup news in europe here

Leave a Reply

Your email address will not be published. Required fields are marked *