London’s Mondra, fresh off an €11.8 million Series A raise, merges with Austrian sustainability startup inoqo

Mondra, a London-based AI-powered supply chain intelligence platform, and inoqo, a Vienna-based sustainability intelligence platform, have today announced a strategic merger. 

This merger is intended to create a single, unified global entity focusing on accelerating the decarbonisation and resilience of the global food system. The transaction is subject to customary regulatory approvals and is expected to close in the second quarter of 2026.

Jason Barrett, CEO of Mondra, said, “This merger is a transformative step in our mission to help the global food system achieve measurable impact at scale. By joining forces with inoqo, we are creating a unified powerhouse that combines world-class technology with the industry’s most comprehensive impact data. Together, we provide the definitive standard for sustainability intelligence, helping our customers move faster and with greater insight than ever before.”

Founded in 2020 by Barrett, Mondra is on a mission to transform the food industry by creating digital twins of products and their supply chains, from farm to shelf. It claims to help food and beverage companies achieve Net Zero, strengthen resilience, and comply with evolving regulations. Its AI-powered digital twin technology enables product-level carbon measurement, supplier collaboration, and scenario modelling to drive measurable business and environmental outcomes.

Last year, in October, the company raised €11.8 million (£10 million) in a Series A funding round led by AlbionVC and Planet A Ventures. 

On the other hand, the Austrian startup inoqo is a SaaS platform that specialises in helping grocery retailers, F&B brands, and food suppliers assess the impact of their entire range of food and beverage products in a scalable and cost-efficient manner. 

According to the company, its Product Impact Assessment (PIA) platform consolidates publicly available and proprietary data into an AI-driven algorithm. This enables fast and cost-effective assessment of the multi-dimensional impact of any F&B product across the entire value chain, within a unified interface, claims inoqo. Its tools support transparency, supplier engagement, and data-driven sustainability improvement through its market-leading impact database.

“We founded inoqo to make sustainability measurable and actionable across the value chain. Merging with Mondra is the ultimate realisation of that vision. By combining our strengths, we are no longer just two market leaders, we are a single, global force equipped to provide the food and beverage industry with the intelligence needed to build a resilient and sustainable future,” said Markus Linder, founder & CEO of inoqo. 

As part of this deal, the combined organisation will operate under the Mondra brand, and Linder will join Mondra’s leadership team, where he will drive the company’s international growth and strategic vision.

The combined entity will have a dominant mainland European base of operations to cater to a global roster of grocery retailers, their manufacturers, and the CPG brands that they retail. The merger combines inoqo’s European market expertise and its impact database with Mondra’s technology. This partnership aims to strengthen product-level impact assessment, supplier engagement, and the implementation of climate action at scale across the retail organisation.

With this merger, Mondra aims to further evolve its digital twin technology and Sherpa AI platform to deliver tangible business outcomes through climate risk management.

The combined organisation has a globally distributed team with core hubs in London, Vienna and India and serves customers that include grocery retailers such as Tesco, M&S, Co-op, ASDA, Lidl, Aldi, dm drogerie markt, Pets at Home, and Sainsbury’s. Its major suppliers include Avara, Samworth Brothers, Greencore, Pilgrim’s, Dunbia, Cranswick, and Bakkavor, as well as global brands such as Starbucks and Nando’s.

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