Vention

What makes it defensible

Cloud-first full-stack automation platform — modular plug-and-play hardware plus design/programming software and next-day shipping — that collapses the friction of deploying factory automation.

Position in the stack: Integrator/platform layer standing between component suppliers and manufacturers; supplies a unified hardware+software stack that lets plants deploy automation without bespoke engineering.

Who buys it

Named customers: Hershey, 3M, Tesla, Apple, GE Aerospace

Founding team

Etienne Lacroix — Founder & CEO — Founded Vention in Montreal in 2016 to democratize industrial automation

Max Windisch — Co-founder & CSO — Co-founded Vention in 2016

Financing detail

Last round

$110M USD financing (2026)

Investors: Georgian, Fidelity Investments Canada, Bain Capital Ventures, NVentures (NVIDIA), Investissement Québec, Desjardins Capital

Evidence & media

• Vention raises $110M to accelerate physical AI deployments in manufacturing

  What this source supports: Vention raised $110M (~$150M CAD) to scale its Zero-Shot Automation platform; press states ~40% of revenue comes from $1B+ enterprises and that NVIDIA is an investor and motion-control/vision-AI partner.

  What it does not establish: Does not disclose revenue, profitability, contract values, or per-customer deployment outcomes; the "months to days" timeline claim is company-stated.

  Source

• Vention raises $110M to automate manufacturing for 3M, Hershey and L'Oreal

  What this source supports: Names 3M, Hershey and L'Oreal as customers automating production with Vention's platform.

  What it does not establish: Does not show deployment scale, spend, contract terms, or renewal status.

  Source

• Vention raises $110M to accelerate physical AI deployment across global manufacturing

  What this source supports: Independent trade-press confirmation of the $110M raise and Vention's physical-AI positioning.

  What it does not establish: No new primary data beyond confirming the round.

  Source

• Vention Facilitates Manufacturing at IMTS 2026 with Physical AI and Agentic AI in One Platform

  What this source supports: Company release: at IMTS 2026 (booth 236860, Sept 14-19) Vention unveils Physical AI and Agentic AI together on a single automation platform — the new MachineAgent agentic cell (interactive end-to-end workflow: machine design, programming, deployment, troubleshooting) plus live Physical AI demos of Rapid Operator AI deep bin picking and goal-driven collision-free path planning powered by GRIIP.

  What it does not establish: Trade-show launch with live demos — no customer deployment, unit volumes, pricing or availability dates; capability claims are company-stated.

  Source

• Vention and FANUC America Join Forces to Bring Industrial Robots to Vention's AI-Driven Hardware and Software Platform

  What this source supports: PRNewswire (CHICAGO, June 22, 2026): Vention and FANUC America join forces so FANUC industrial robots can be configured and deployed through Vention's AI-driven hardware/software platform, extending Vention from collaborative robots to industrial robot applications.

  What it does not establish: No volume commitments, revenue share or customer names. Does not state exclusivity.

  Source

Timeline

1. Jun 22, 2026 partnership

   Joins forces with FANUC America — FANUC industrial robots deployable through Vention's cloud platform, extending it beyond cobots to full industrial arms

   Source
2. Sep 10, 2026 Product

   At IMTS 2026 (Sept 14-19, Chicago): unveils Physical AI and Agentic AI on one platform — MachineAgent agentic cell plus Rapid Operator AI deep bin picking and GRIIP goal-driven collision-free path planning

   Source
3. Sep 9, 2026 Financing

   $110M USD financing (2026) — $155,000,000 total disclosed

   Source

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