Mondra raises £10M to accelerate European expansion

Mondra, an AI-powered platform focusing on supply chain resilience, has secured £10 million in a Series A funding round, marking a significant step in its European expansion. The London-based company aims to provide product-level intelligence for the food industry, addressing critical issues of supply chain volatility and climate risk. This investment underscores the growing importance of digital solutions in navigating complex global challenges. The funding round saw participation from investors like AlbionVC, Planet A, and Swisscom, among others. Mondra utilizes digital twin technology to map and track supply chains from "farm to fork," offering real-time data on carbon emissions, climate-related risks, and price volatility. Its AI assistant, Sherpa, aids stakeholders in decision-making across the supply chain, enhancing environmental outcomes within the food sector. This development directly impacts major retailers, food companies, and their suppliers, enabling them to assess environmental impact, manage risks, and generate ESG data. By offering actionable insights, Mondra empowers companies to reduce emissions, maintain profitability, and strengthen supply chain resilience. The expansion into key European markets like the Netherlands, Germany, and France will further solidify its presence. The new capital will enable Mondra to extend its platform's capabilities beyond emissions management to include broader supply chain disruption and climate risk management, with an aim to accelerate its growth across Europe. This funding round demonstrates the growing interest in European tech solutions for tackling pressing sustainability challenges.