Mondra Secures £10M for AI Platform That Maps Previously Untraceable Supply Chains
Mondra, an AI-powered platform utilizing digital twin technology to map complex supply chains, has secured £10 million in Series A funding. The funding, led by AlbionVC and Planet A Ventures, will support Mondra's expansion into key European markets and the development of new capabilities in emissions management, supply chain disruption, and climate risk management. This platform enables organizations to analyze the environmental impact of their products, understand revenue risks from climate disruptions, and generate audit-ready data for ESG compliance.
Developed in collaboration with the British Retail Consortium, Mondra works with major retailers and suppliers to establish a unified standard for measuring product-level performance. The funding follows a previous investment of £3.4 million, used to rollout the platform in UK grocers and integrate an AI-powered assistant, Sherpa. CEO Jason Barrett emphasizes the importance of empowering food businesses to decarbonize, comply with regulations, and navigate supply chain volatility, turning sustainability goals into measurable outcomes with confidence.
*This summary was generated using AI.
Read Full Article