Paris-based generative and agentic AI startup Mendo secures €12 million Series A funding round for Europe push
Mendo, a French startup focused on generative and agentic AI adoption, has announced a €12 million Series A. This follows a €3.5 million seed round in October 2024 and was led by Ventech and Educapital, joined by Tomcat and OVNI.
“With agentics, AI changes status: it is no longer a tool that saves you a few hours a week, it becomes the layer that orchestrates and governs all of a company’s operations. It is this shift that makes Mendo’s positioning even more strategic today. No company will pull off this transition without bringing its people along and changing the way it is organised. They are the ones who work with it day to day, who spot the right use cases, who keep the agents running on the ground. That is exactly what we see among clients such as Groupe Rocher, PwC and Edenred. Our role is to make that adoption possible at scale, without leaving anyone behind,” says Quentin Amaudry, CEO and Co-founder at Mendo.
“The real problem with AI in the enterprise isn’t budget. It’s adoption. Tools left idle, teams using them only at the margins, and management that doesn’t know where to start in fully embedding AI into their processes. Mendo solves exactly that: from mapping the uses that already exist, through upskilling teams, to deploying in-house AI agents. With five offices in Europe (Paris, Berlin, Munich, Helsinki and Stockholm) and investments in players such as Speexx, 365 Talents and amber, Ventech has long backed companies that bring together AI and training. Mendo really is the missing piece at European scale. That is exactly the kind of company Ventech sets out to invest in,” says Audrey Soussan, General Partner at Ventech.
“As the first European fund dedicated to innovation in education and training, Educapital sees backing Mendo as fitting squarely within its thesis. Agentic AI has become a central theme in debates about the future of work, with the promise of automating entire tasks. To stay competitive, companies need to be able to train their people continuously to work alongside AI agents. That is precisely Mendo’s mission,” says Litzie Maarek, General Partner at Educapital.
“AI is becoming what the internet became 25 years ago: infrastructure that is essential to a company’s competitiveness. And yet the real battle is no longer fought over the technology itself, but over its ability to be adopted at scale by employees. That is exactly where Mendo has built a head start. Mendo understood, well before many others, that value creation will come from pairing artificial intelligence with human intelligence. We are convinced that Mendo has everything it needs today to become Europe’s leader in enterprise AI adoption, and we are proud to support them in that ambition,” says Patrice Thiry, Chairman at Tomcat.
2026 RTIH Innovation Awards
Agentic commerce will be a key focus area at the 2026 RTIH Innovation Awards.
The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world.
Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.
Check out our 2025 winners here.
Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”
“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”
He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”
Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.
