Vention Inc.

Vention Inc. specializes in industrial automation solutions, providing an integrated platform that combines hardware and software to enhance manufacturing processes efficiently. Founded in 2016, Vention Inc. is headquartered in Montreal, Canada.

The company focuses on optimizing manufacturing processes through innovative automation solutions. Etienne Lacroix serves as the company's CEO and founder. In January 2026, Vention Inc. raised USD 110 million in series D funding led by Investment Quebec, with participation from Desjardins Capital, Nventures, and Fidelity Investments.

Vention specializes in providing a comprehensive industrial automation platform that combines hardware and software solutions to optimize manufacturing processes. Their core products include modular, plug-and-play hardware and a drag-and-drop software environment, allowing users to design automated equipment and robotic systems rapidly. This platform streamlines operations across various industries, including manufacturing, logistics, and assembly, enhancing efficiency and reducing manual tasks. Vention's solutions are utilized by over 4,000 factories across 25 industries, serving a diverse clientele from small businesses to large-scale manufacturers.

Their products are marketed primarily in North America and Europe, emphasizing a scalable approach to automation that caters to varying operational needs and complexities. Vention's revenue model is built around providing automation solutions through direct sales to businesses across various sectors. Customers purchase modular components and software licenses directly, facilitating a B2B structure. The platform generates a fully-priced bill of materials after clients design their automation systems, leading to efficient purchasing processes.

Revenue is derived from hardware sales, software subscriptions, and support services.