The French founder who grew up in Madagascar thinks he's cracked enterprise AI's biggest problem. Ventech and Educapital just backed him with €12M to prove it — TFN

French AI adoption startup Mendo has closed a €12 million Series A led by Ventech and Educapital, bringing its total funding to €15.5 million.

The company was built on a simple observation: most people don’t use the technology their employers buy, and with agentic AI arriving at scale, that gap is about to become existential for enterprises.

Mendo now supports over 100,000 employees across more than 100 major organisations, including PwC, Novo Nordisk, and Crédit Agricole.

Quentin Amaudry grew up in Madagascar and saw people use any technology they could find to improve their lives. This experience convinced him that the biggest challenge in business is the gap between what technology can do and how people actually use it.

“Since I was very young, I witnessed firsthand the power of how a great equaliser technology can be. Most people don’t like technology. It’s most of the time quite a big frustration in people’s jobs,” he tells Tech Funding News.