Mondra, an AI-powered platform, has raised £10 million in Series A funding for its digital twin technology that maps complex supply chains.
The funding round was led by AlbionVC and Planet A Ventures, with participation from Swisscom, PeakBridge, Ponderosa Ventures, and Green Circle Foodtech Ventures.
Mondra will use the funding to expand into European markets, including the Netherlands, Germany, and France, and develop new capabilities in supply chain disruption and climate risk management.
Mondra provides live tracking across supply networks, integrating information into systems used by major retailers, food companies, and suppliers.
Mondra's AI platform uses digital twin technology to map previously untraceable supply chains.
Author's summary: Mondra raises £10M for AI supply chain platform.