London-based climate technology company Mondra has raised £10 million, approximately $13 million USD, in a Series A funding round led by AlbionVC and Planet A, with additional participation from Swisscom, PeakBridge, Ponderosa Ventures and Green Circle Foodtech Ventures, according to a company blog post.
The funding will support Mondra’s international expansion and help enhance its platform, extending it beyond emissions tracking to include climate risk assessment and supply chain disruption monitoring capabilities.
Mondra’s platform uses AI and digital twin technology to integrate with retailers’ and suppliers’ systems, enabling businesses to measure the environmental footprint of individual products, understand revenue and climate impacts and generate ESG data. The goal, the company wrote, is to make long-term emissions reduction more cost-effective and data-driven.
This funding round follows a £3.4 million pre-Series A round in 2024, which helped launch Mondra’s platform with several grocery chains and supported the debut of its AI assistant, Sherpa.
