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Vention

4767 Rue Dagenais, Montréal, QC, H4C 1L8, Canada

Overview

Founded in 2016, Vention offers an "Apple-like ecosystem" that merges engineering CAD software with a catalog of modular hardware so factory teams can build automated workstations without coding. Its physical AI layer applies machine-learning-driven perception and motion planning, while generative AI tools allow customers to design full robot fleets in minutes. The platform is used in more than 4,000 factories worldwide by clients such as Boeing, L’Oréal, and Lockheed Martin, and the company now employs roughly 330 people. CEO Etienne Lacroix reports that 70 % of users are in the United States, 20 % in Europe, and 10 % in Canada. Vention surpassed a $100 million CAD annual run rate in late 2023, demonstrating strong commercial traction. With fresh capital, the firm plans to deepen its physical AI research, add new software features, and scale its European operations through its German offices.

Total raised
$153M
Funding rounds
5
Latest round
Series D
Latest activity
Jan 2026

Industries

  • Artificial Intelligence (AI)
  • CAD
  • Hardware
  • Industrial Automation
  • Mechanical Engineering
  • Robotics
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Recent funding

  1. Series D

    Jan 2026

    $110M

  2. Series B

    Jun 2020

    $28M

  3. Series A

    Jan 2019

    $13M

  4. Seed

    Jan 2018

    $3M

Team