Mondra, a London-based tech firm that has developed a platform to track the environmental impact of supply chains, has received a £10m investment.
Founded in 2020, Mondra uses digital twin technology to map supply chains, monitoring not only the carbon emissions but also climate-related risks and price volatility.
The platform is used by major supermarkets including Tesco, Aldi, Lidl and Co-op.
“This investment marks a defining moment for Mondra as we scale our UK success and expand across Europe,” said Jason Barrett, founder and chief executive 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.”
The funding round was led by AlbionVC and included participation from Planet A, Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures.
“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,” said AlbionVC partner Adam Chirkowski.
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.”
Mondra previously raised £3.6m in a 2024 funding round.
