AI powered supply chain intelligence platform Mondra bags £10 million in Series A funding
AI powered climate tech platform, Mondra, has announced the closure of its Series A funding round, raising £10 million from investors including AlbionVC, Planet A, Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures.
Led by AlbionVC and Planet A Ventures, the fundraise will accelerate Mondra’s expansion into key European markets including the Netherlands, Germany, and France. It will also support the development of new product capabilities, extending beyond emissions management into supply chain disruption and climate risk management.
Mondra was developed in coalition with the British Retail Consortium (BRC), whose members include retailers Tesco, M&S, Co-op, Ocado Retail, Asda, Lidl, Aldi, Pets at Home, and Sainsbury’s; suppliers including Avara, Samworth Brothers, Greencore, Pilgrim’s, Dunbia, Cranswick, and Bakkavor; and brands such as Starbucks and Nando’s.
Together with NGOs and government partners, this coalition is working to establish a unified standard for measuring product level performance, with the aim of creating a level playing field that enables consistent and credible measurement across the food industry.
Jason Barrett, Founder and CEO at Mondra, says: “This investment marks a defining moment for Mondra as we scale our UK success and expand across Europe. 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, says: “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.”
Nick de la Forge, GP at Planet A, says: “We are at the brink of a global food crisis. From climate change and costs to supply security. Mondra is building the data intelligence that is pivotal in driving the food industry towards greater resilience, sustainability, and long-term competitiveness.”
The fundraise follows Mondra’s pre-Series A round last year, which raised £3.4 million to accelerate the roll-out of its platform to UK grocers. Last year also saw the launch of Mondra’s AI powered assistant, Sherpa, integrated into the platform.
Described by Microsoft CEO Satya Nadella as “having great potential to enable food system Net Zero,” Sherpa acts as a co-pilot for business stakeholders, guiding multi-dimensional decisions across the supply chain, from climate and social resilience to risk and financial performance, and driving better environmental outcomes across the food industry.
2025 RTIH INNOVATION AWARDS
Supply chain technology was a key focus area at the 2025 RTIH Innovation Awards.
We received a record number of entries and many fantastic examples of the continued resilience and dynamism of the retail space during hugely challenging times.
For a full rundown of all of the shortlisted entries, click here.
Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC in Central London on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”
“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”
He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”
Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.
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