Mondra Raises £3.6 Million Pre-Series A Funding
Mondra, a London, UK-based AI-driven SaaS platform dedicated to decarbonizing the food supply chain, has raised £3.6 million pre-Series A funding round.
Mondra, a London, UK-based AI-driven SaaS platform dedicated to decarbonizing the food supply chain, has raised £3.6 million pre-Series A funding round.
SaaS Investors
The investment round included backing from 7 Generation Ventures, AlbionVC, GC Foodtech Ventures, Foodsparks by Peakbridge, Ponderosa Ventures and Vala Capital.
Mondra Use of Funds
The company will use the funds primarily to expedite its deployment across UK grocers, with strategic plans for expansion into other retail and consumer packaged goods segments beyond the UK market. Additionally, the investment will fuel the development of novel tools for retailer insights, agricultural data enhancement, and carbon insetting.
About Mondra
Led by Jason Barrett, Mondra focuses on food sustainability within the supply chain sector. The company automates product Life Cycle Assessment (LCA) to provide visibility and tools for supply chain actors to engage in net zero initiatives. Its platform helps companies across the supply chain to record, share, and monitor environmental data using standardized tools, enabling the measurement and management of Scope 3 emissions. Mondra primarily serves brand owners and suppliers in the retail and consumer packaged goods (CPG) industries. It was founded in 2020 and is based in London, United Kingdom.
Funding Details
Company: Mondra Global Limited
Raised: £3.6M
Round: Pre-Series A
Funding Month: February 2024
Investors: 7 Generation Ventures, AlbionVC, GC Foodtech Ventures, Foodsparks by Peakbridge, Ponderosa Ventures and Vala Capital
Company Website: https://www.mondra.com/
Software Category: Food Supply Chain Decarbonization
