Vention, founded in 2016, is a pioneering force in the field of manufacturing automation. With its headquarters in Canada, the company provides an online-first Manufacturing Automation Platform (MAP), allowing clients to seamlessly design, automate, deploy, and operate equipment via their web browser. This innovative approach has attracted significant attention and propelled Vention into over 2,000 factories across 5 continents.
The startup operates at the intersection of key industries: AI, Automation, Hardware, and Robotics. In May 2022, Vention secured a substantial $95.00M Series C investment from a consortium of prominent investors, including Bain Capital Ventures, Bolt, Georgian Partners, Fidelity Investments Canada, Walter Ventures, White Star Capital, and BDC Venture Capital. These endorsements underscore Vention’s strategic potential and rapid scalability in revolutionizing factory automation processes globally.