Mondra has raised £10 million in Series A funding to expand its climate tech platform aimed at enhancing supply chain resilience in the food industry across key European markets.

Target Information

Mondra is an innovative climate tech platform leveraging artificial intelligence to provide product-level intelligence aimed at enhancing supply chain resilience. Recently, Mondra successfully concluded its Series A funding round, securing £10 million from several esteemed investors including AlbionVC, Planet A, Swisscom, PeakBridge, Ponderosa Ventures, and Green Circle Foodtech Ventures. This investment will expedite Mondra's expansion efforts into vital European markets such as the Netherlands, Germany, and France, while also facilitating the enhancement of its product capabilities that go beyond emissions management into comprehensive supply chain disruption and climate risk management.

As the food industry faces mounting challenges due to volatile supply chains and increasing climate risks, Mondra addresses these issues with advanced digital twin technology. This technology maps intricate and previously opaque supply chains, establishing a foundational framework for managing product-level performance from the point of origin to consumption. By offering real-time tracking across dynamic supply networks, Mondra equips food companies to evaluate the environmental impact of their products, assess revenue risks linked to climate disruptions, and ensure compliance with environmental, social, and governance (ESG) standards.

Industry Overview

In recent years, the food industry, particularly in Europe, has experienced a transformative shift driven by climate change and sustainability considerations. Food companies are under growing pressure to minimize their Scope 3 emissions, which encompass the indirect emissions occurring in th