InvestmentEnviroTech

Climate intelligence startup Mondra has raised £10 million in Series A funding to accelerate its expansion into Europe and strengthen its AI-driven platform for managing food supply chain resilience.

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

The investment will fund the London-based firm’s move into key European markets, including the Netherlands, Germany and France, as well as support the development of new tools for managing supply chain disruption and climate risk alongside emissions tracking.

Mondra’s platform uses digital twin technology to map complex supply chains, helping food companies and retailers track carbon emissions, price volatility and climate-related risks across their networks. 

It was created in partnership with the British Retail Consortium (BRC), working alongside major UK retailers including Tesco, Sainsbury’s, M&S, Lidl and Aldi, as well as suppliers and global brands such as Starbucks and Nando’s.

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“This investment marks a defining moment for Mondra as we scale our UK success and expand across Europe,” said Jason Barrett, founder and CEO of Mondra. 

“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.”

Adam Chirkowski, partner at AlbionVC, added: “At AlbionVC we see 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 raise follows the company’s £3.4m pre-Series A round in 2024, which supported the rollout of its platform to UK grocers.

Last year, the business launched Sherpa, its AI-powered assistant described by Microsoft CEO Satya Nadella as “having great potential to enable food system Net Zero”.

Sherpa acts as a co-pilot for decision-makers, helping businesses manage sustainability, risk and performance across complex food supply chains.

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