MEKAWIRE
Canada—Series C

Vention

Montreal company whose cloud software and modular hardware let manufacturers design and deploy automation and robot cells.

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About

Vention was founded in 2016 and is headquartered in Montreal; Etienne Lacroix is its founder and chief executive. It sells an AI-powered software and hardware platform for factory automation and robotics that combines modular hardware, cloud design software, physical AI and pre-engineered applications, which it markets as Zero-Shot Automation. The company reports about 25,000 machines deployed worldwide and a community of more than 4,000 factories. It raised a CAD 17 million Series A led by Bain Capital Ventures in January 2019, a CAD 38 million Series B led by Georgian Partners in June 2020 and a $95 million Series C led by Georgian in May 2022. Fonds de solidarité FTQ invested $15 million in October 2023. On 27 January 2026 Vention announced a $110 million (CAD 150 million) raise with participation from Investissement Québec, Desjardins Capital, funds managed by Fidelity Investments Canada ULC, NVentures and other financial institutions.

Key stats
Latest funding
$110M Venture round (unnamed)
Total funding
$220M
Latest valuation
—
Founded
2016
Country
Canada
Latest roundsAll rounds
Recent newsAll news