Vention

About

Vention is a digital manufacturing automation platform that helps companies automate their production floor.

Montréal,Quebec,Canada
251 - 500
https://www.vention.io

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $95M
Industries: Artificial Intelligence,CAD,Hardware,Industrial Automation,Mechanical Engineering,Robotics
Founded date: Jan 1, 2016
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Vention Inc.

Vention is a next-generation digital manufacturing platform for machine design, enabling engineers and other manufacturing professionals to design, order and assemble custom factory equipment in just a few days. Vention’s AI-enabled, cloud-based MachineBuilder 3D™ integrates a comprehensive library of modular parts for applications such as automated equipment, robot cells, tooling, and conveyors.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$95M $58.50M

Vention has raised a total of $95M $58.50M in funding over 2 rounds. Their latest funding was raised on May 10, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 10, 2022	Series C	$95M	6	Georgian	—	Detail
Jun 2, 2020	Series B	$38M	4	Georgian	—	Detail
Jan 15, 2019	Series A	$17M	4	Bain Capital Ventures	—	Detail
Jan 16, 2018	Seed	$3.50M	6	White Star Capital	—	Detail
Feb 23, 2017	Pre-seed	—	4	Bolt Real Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

11

Vention is funded by 11 investors. Georgian and Bain Capital Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Georgian	Yes	Series C
Bain Capital Ventures	—	Series C
Bolt	—	Series C
Fidelity Canada	—	Series C
Walter Ventures	—	Series C
White Star Capital	—	Series C
Real Ventures	—	Series B
Jon Stevenson	—	Seed
Louis Tetu	—	Seed
Rob Stevens	—	Seed