Mondra, a London-based tech agency that has developed a platform to trace the environmental influence of provide chains, has obtained a £10m funding.
Based in 2020, Mondra makes use of digital twin know-how to map provide chains, monitoring not solely the carbon emissions but in addition climate-related dangers and worth volatility.
The platform is utilized by main supermarkets together with Tesco, Aldi, Lidl and Co-op.
“This funding marks a defining second for Mondra as we scale our UK success and broaden throughout Europe,” mentioned Jason Barrett, founder and chief government of Mondra.
“Meals companies right now should decarbonise, adjust to new rules, and navigate rising provide chain volatility. Mondra empowers them to behave with confidence – turning sustainability objectives into measurable, resilient outcomes.”
The funding spherical was led by AlbionVC and included participation from Planet A, Swisscom, PeakBridge, Ponderosa Ventures and Inexperienced Circle Foodtech Ventures.
“At AlbionVC we see vital alternative forward for Jason and the Mondra group as they construct a category-defining digital twin know-how to strengthen provide chain resilience throughout the meals and beverage sector,” mentioned AlbionVC companion Adam Chirkowski.
Their progress in creating the UK coalition, securing European partnerships, and getting access to a number of the world’s largest retailers underscores the sturdy momentum behind their imaginative and prescient. We’re proud to again their continued success.”
Mondra beforehand raised £3.6m in a 2024 funding spherical.
