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Mondra, the AI-powered platform delivering ‘product level intelligence for supply chain resilience’ today announces the closure of its Series A funding round, raising £10m from investors including AlbionVC, Planet A, Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures.
Led by AlbionVC, a leading early-stage technology investor, and Planet A Ventures, a leading European deeptech investor, the fundraise will accelerate Mondra’s expansion into key European markets including the Netherlands, Germany, and France. It will also support the development of new product capabilities, extending beyond emissions management into supply chain disruption and climate risk management.
Volatile supply chains and growing climate risks are reshaping the global food industry, 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.
Mondra tackles this challenge using advanced digital twin technology to map complex, previously untraceable supply chains, creating a foundational framework for managing product-level performance from farm to fork. From carbon and broader environmental impacts to climate-related supply chain risks and price volatility, Mondra provides live tracking across dynamic supply networks, integrating this intelligence directly into the systems and tools used by major retailers, food companies, and their suppliers.
This enables food companies to analyse the environmental impact of every product they sell, understand revenue at risk from climate disruption, generate audit-ready data for ESG compliance, model sourcing risks and alternatives, and engage suppliers with credible insights and tools. With this intelligence, companies can prioritise actions to cut emissions, protect margins, and build resilient sourcing strategies.
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. Together with NGOs and government partners, this coalition is working to establish a unified standard for measuring product-level performance — creating a level playing field that enables consistent and credible measurement across the food industry.
The fundraise 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. Described by Microsoft CEO Satya Nadella as “having great potential to enable food system Net Zero,” Sherpa acts as a co-pilot for business stakeholders, guiding multi-dimensional decisions across the supply chain, from climate and social resilience to risk and financial performance, and driving better environmental outcomes across the food industry.
