London’s Mondra, fresh off an €11.8 million Series A raise, merges with Austrian sustainability startup inoqo
A significant strategic merger is set to reshape the European tech landscape, as London-based Mondra, an AI-powered supply chain intelligence platform, combines with Vienna-based inoqo, a sustainability intelligence startup. This union aims to create a unified global entity focused on driving decarbonisation and resilience within the food system. The transaction, pending regulatory approvals, signals a strong push for enhanced sustainability metrics and operational efficiency across the food industry. Mondra, which recently secured €11.8 million in Series A funding, leverages AI to create digital twins of products and their supply chains, enabling precise carbon measurement and supplier collaboration. Inoqo complements this with its SaaS platform for assessing the multi-dimensional impact of food and beverage products, utilising an AI-driven algorithm and a comprehensive impact database. Together, they promise a definitive standard for sustainability intelligence. This merger directly impacts food and beverage companies, grocery retailers, and CPG brands by providing sophisticated tools for Net Zero compliance, regulatory adherence, and actionable insights into climate risk management. With established clients like Tesco, M&S, and Starbucks, the combined entity is poised to offer scalable solutions for environmental impact assessment and supplier engagement, bolstering European digital sovereignty in critical supply chains. The combined organisation will operate under the Mondra brand, with a significant European operational base.
Curated and translated by Europe Digital for our multilingual European audience.
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