Vention

Vention

Cloud platform for design-to-deploy automation

Overview

Vention provides a cloud-based platform that automates manufacturing from design to deployment in one workflow. Users design equipment in a browser-based 3D interface using thousands of modular parts, see real-time pricing and assembly estimates, and automatically validate designs; they can program automation with code-free tools or Python and deploy it directly in the browser. Orders are placed online and ship next day, with built-in collaboration and digital procurement that controls access to engineering files. The goal is to simplify and speed up building and deploying automated manufacturing equipment for innovative companies, differentiating itself by offering end-to-end design-to-deployment in a single platform and fast, predictable shipping along with team collaboration.

About Vention

Simplify's Rating
Why Vention is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Enterprise Software

Company Size

201-500

Company Stage

Series D

Total Funding

$264.2M

Headquarters

Montreal, Canada

Founded

2016

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Simplify's Take

What believers are saying

  • January 2026 financing raised $110 million to accelerate Physical AI and North American expansion.
  • September 2026 IMTS launch of MachineAgent turns plain-language prompts into automation programs.
  • Montreal Physical AI lab and 400% segment revenue growth signal real customer pull in 2026.

What critics are saying

  • MachineAgent and GRIIP need flawless factory validation; failed deployments damage trust by 2027.
  • Vention depends on FANUC, Universal Robots, and NVIDIA; partner strategy changes can squeeze margins.
  • ABB, FANUC, and Teradyne now mirror Vention's software-defined automation, risking commoditization and existential platform displacement.

What makes Vention unique

  • Vention unifies design, simulation, procurement, controls, and deployment in one cloud platform.
  • By September 2026, Vention had 28,000 machines deployed across 6,000 factories.
  • June 2026 FANUC and Universal Robots partnerships extend Vention beyond cobots into industrial automation.

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Funding

Total Funding

$264.2M

Above

Industry Average

Funded Over

6 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$110M
Vention

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

0%
2b Publishing
Sep 10th, 2026
Vention opens Montreal Physical AI robotics lab.

Vention opens Montreal Physical AI robotics lab. September 10, 2026 Vention has opened a Montreal laboratory for industrial Physical AI. The eight-person team will connect robotics research with live manufacturing deployments, focusing on complex manipulation tasks that remain difficult for conventional automation. Vention has opened a Physical AI laboratory in Montreal intended to move robotic-manipulation research into scalable manufacturing applications across industrial goods, electronics, and automotive production. The lab is led by Jimmy Li, Vention's Director of Physical AI, and currently has a team of eight. The company is expanding the group, with more than 16 positions identified across robotics control, simulation, and Physical AI research. Its research programme combines industrial data collection, robotics control, motion planning, conventional computer vision, vision foundation models, learning from demonstration, and reinforcement learning. Joelle Pineau, Chief AI Officer at Cohere, has joined the programme as an external technical adviser. Vention says the objective is not simply to demonstrate that a robot can complete a task under laboratory conditions, but to validate new capabilities against the cost, reliability, and variability requirements found on real production lines. That distinction is important because industrial robotics already performs highly complex work where the environment is tightly controlled. Robots weld vehicle bodies, load machine tools, palletise products, and assemble components reliably when the workpiece arrives in a predictable position and the sequence can be programmed in advance. Performance becomes harder when parts are presented inconsistently, objects deform, tolerances vary, or the robot has to decide how to approach the task rather than replay a predetermined path. Physical AI is being applied to that gap. Machine vision can establish what is present, learned models can interpret the scene, and motion-planning software can determine how a robot should grasp or move an object without an engineer explicitly programming every possible arrangement. Vention introduced one part of that architecture in February with GRIIP, a modular pipeline covering scene digitalisation, object segmentation, pose estimation, grasp selection, and collision-free motion planning. It combines foundation models from external technology providers with Vention's own models. The company also plans to release a public GRIIP software development kit, allowing engineering teams to adapt the pipeline for their own manufacturing requirements rather than using it solely as a fixed Vention application. That flexibility will be useful only if manufacturers can validate the resulting systems. A model that chooses a sensible grasp during a demonstration still has to deal with damaged parts, unexpected obstacles, poor lighting, sensor contamination, fixture wear, and the occasional condition absent from its training data. Failure recovery becomes critical. Traditional automation engineers spend considerable effort defining what a machine should do when a sensor does not trigger, a component is missing, or a sequence falls outside its expected state. AI-enabled robotics requires the same discipline even where the initial movement was generated dynamically. A system that completes 99% of tasks autonomously can still perform worse than conventional automation if the remaining 1% produces unpredictable stops requiring specialist intervention. Vention's advantage is its access to industrial deployments. The company says more than 28,000 machines have been deployed worldwide across a community of more than 6,000 factories, including users among 90 of the Fortune 500. That installed base can provide feedback from production environments rather than relying entirely on synthetic or academic datasets. Vention says its researchers are using client problems and industrial manipulation data to shape benchmarks and post-train robotics models. The quality of those examples matters more than the sheer volume. Useful industrial datasets need to include edge cases, failed grasps, awkward geometry, process variation, and recovery behaviour if models are expected to operate beyond ideal conditions. The company is already working with industrial and electronics manufacturers, including a large automotive OEM, on complex unstructured tasks in final assembly. Vention has not named the vehicle manufacturer or supplied enough detail to assess the individual production applications, so those projects should be regarded as active development rather than evidence that general-purpose robotic manipulation has already been solved. Physical AI is nevertheless becoming commercially material for Vention. The company reports that revenue associated with the segment has increased 400% over the past year, making it its fastest-growing business area. That is a company-reported growth rate from an undisclosed starting base, so it provides evidence of commercial momentum rather than a useful measure of the total market. The more important test is whether deployment costs fall as the models and software mature. A technically capable system can still lose to manual labour or conventional automation if every application requires months of specialised AI engineering. To broaden adoption, vision, manipulation, commissioning, and recovery behaviour need to become repeatable enough that integrators can deploy them as engineering tools rather than research projects. The Montreal lab is designed around that transition. Its value will be determined less by the number of models developed than by whether manufacturers can measure the results using familiar factory metrics - cycle time, uptime, yield, changeover effort, intervention rate, and return on investment. Stories for you. * Putting ultrafast lasers in robotic hands LITILIT says compact femtosecond lasers could transform robotic precision manufacturing. Its Vilnius factory is due to start production in October, with capacity planned to scale to 3,000 lasers annually. * Ishida takes integrated packing systems to Gulfood Ishida will showcase integrated food packing technology at Gulfood Manufacturing. The Dubai line-up combines weighing, bagmaking, tray sealing, X-ray inspection, checkweighing, and production monitoring.

PR Newswire
Sep 10th, 2026
Vention debuts unified AI automation platform at IMTS 2026 combining Physical and Agentic AI

Vention will showcase its unified industrial automation platform at IMTS 2026, combining Physical AI for robotics and Agentic AI for system-level operations. The platform aims to make automation faster to deploy and easier to scale. Physical AI enables robots to perceive objects and adapt to real-world conditions through AI vision and autonomous decision-making. Agentic AI uses natural language to help manufacturers design automation cells and troubleshoot systems. The company will debut MachineAgent at the event, which generates automation layouts and creates industrial programmes through plain-language prompts. Vention's next-generation controller, MachineMotion AI, is powered by NVIDIA Jetson and Isaac technology. Live demonstrations will include AI-powered deep bin picking with up to 99% first-pick success rates and collision-free robotic path planning. Vention has deployed over 28,000 machines across more than 6,000 factories worldwide. The exhibition runs from 14-19 September at Booth 236860.

Robotic Firms
Sep 10th, 2026
Vention launches Physical AI Lab in Montreal to train next-generation industrial robot models.

Vention launches Physical AI Lab in Montreal to train next-generation industrial robot models. Vention Inc. has opened its Physical AI Lab in Montreal, a facility focused on robotic manipulation for manufacturing environments. The company stated that training physical AI models requires substantial industrial scale to generate high-quality dataset inputs. "Any physical AI foundation model is data-hungry," Etienne Lacroix, founder and CEO of Vention, told The Robot Report. "We move several hundred robot cells a year, and they all collect high-quality industrial manipulation data. It was a massive asset that was not properly leveraged until now." Vention's full-stack technology platform integrates hardware, software, and physical AI, enabling manufacturers to design, program, and deploy custom automation cells in days. The Montreal company has deployed over 28,000 machines globally, serving a network of more than 6,000 factories, including 90 Fortune 500 manufacturers. Vention reported that its physical AI-related revenue surged 400% over the past year, highlighting strong industrial demand for flexible automation. "What makes this lab different is the loop we've built: academic research feeding directly into live production problems, and production feedback feeding back into the research," said Dr. Jimmy Li, director of physical AI at Vention. Vention previously launched GRIIP (Generalized Robotic Industrial Intelligence Pipeline) in February 2026, combining foundation models from leaders like NVIDIA with proprietary software. The company plans to release an open-source GRIIP Software Development Kit (SDK). Additionally, Vention appointed Dr. Joelle Pineau, Chief AI Officer at Cohere, as an external technical advisor for the new laboratory.

PR Newswire
Sep 9th, 2026
Vention opens Physical AI lab in Montreal to advance industrial robotics deployment

Vention has opened a Physical AI and industrial robotics lab in Montreal focused on advancing robotic manipulation for manufacturing deployment. The lab, led by Dr Jimmy Li, works on industrial data collection and post-training foundation models for robotics. Vention's manufacturing footprint, including 90 of the Fortune 500 companies, gives researchers access to real production environments. Physical AI is the company's fastest-growing segment, with related revenue up 400% over the past year. Dr Joelle Pineau, chief AI officer at Cohere, joins as external technical advisor. The lab currently has eight members and is hiring for more than 16 positions across robotics control, simulation, and Physical AI research. The lab's work includes GRIIP, a modular Physical AI pipeline launched in February 2026.

Assatec Robotics
Jul 20th, 2026
The robot you never build: why digital twins are reshaping automation projects.

The robot you never build: why digital twins are reshaping automation projects. Table of Contents The most important robot on your production floor next year may be one that never exists physically. Across the industry this month, the story has shifted away from new hardware and toward something less visible but far more consequential: the simulation layer that decides whether a robotic cell works before a single bolt is turned. At Automate 2026 and in a wave of announcements since, the pattern is unmistakable. ABB has folded NVIDIA's Omniverse libraries into its simulation software. Vention rolled out a digital twin platform with expanded FANUC support, including AI-assisted programming and collision-free motion planning. FANUC itself, alongside Kawasaki and Stellantis, is anchoring industrial AI partnerships where imitation learning and factory-scale digital twins are moving from research slides into real commissioning workflows. Why simulation became the bottleneck. For two decades, the hard part of automation was the robot. That problem is solved. A FANUC arm will hit tight repeatability and run for years with almost no intervention. The hard part now is everything around it: reach studies, cycle time validation, gripper design, fixture layout, singularity avoidance, and the dozens of small integration decisions that historically only revealed themselves during commissioning - when changing your mind is expensive. Digital twins collapse that risk. Offline programming tools such as FANUC ROBOGUIDE let an integrator build the entire cell virtually, prove the cycle time, verify every reach, and generate the robot program - all before the equipment arrives on site. When AI-driven motion planning is layered on top, paths that used to take an engineer days to tune can be generated and validated in hours. What this changes for israeli manufacturers. This matters more in Israel than in most markets, for structural reasons. Israeli plants tend to run high-mix, lower-volume production: medical devices, defense components, electronics, food processing. The classic objection to automation here has never been "robots don't work" - it is "our product changes too often to justify the engineering." Simulation-first integration attacks that objection directly. When a cell can be re-validated virtually for a new part number in days rather than re-commissioned on the floor over weeks, the economics of a high-mix line change fundamentally. Changeover stops being a capital event and becomes a software task. There is a second benefit plant managers tend to appreciate immediately: certainty before commitment. A validated digital twin means the cycle time in the proposal is the cycle time you get. Payback calculations stop being estimates. The benchmark Israel should be watching. The International Federation of Robotics reports that Western Europe now averages a record 267 industrial robots per 10,000 manufacturing employees, with North America at 204 and South Korea well above 1,000. Global operational stock has passed 4.6 million units, and annual installations are on track to exceed 700,000 by 2028. Israeli industry competes with those manufacturers on export markets, on quality standards, and increasingly on delivery speed. Robot density is a proxy for output per worker - and the gap compounds every year it goes unaddressed. The tools that close it are now cheaper, faster to deploy, and considerably less risky than they were even two years ago. Assatec has been FANUC's exclusive partner in Israel since 1997, and Assatec build every system in simulation before it reaches your floor: reach studies, cycle time proof, and full offline programming, so what you approve is what you get. Considering automation but unsure whether your product mix justifies it? Let Assatec build the digital twin and show you the numbers before you commit. Talk to its engineering team Let's Talk Together Assatec will make it happen! Assatec write news that will make your mind move like a robot.

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