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

Montreal-based full-stack software and hardware automation provider Vention announced it has raised $110M (USD) in financing, with participation from Investissement Québec, Desjardins Capital, certain funds managed by Fidelity Investments Canada ULC, NVentures (NVIDIA’s venture capital arm) and other financial institutions.

Vention said that the new capital will accelerate its mission to deliver “Zero-Shot Automation,” which the company calls a new paradigm for manufacturing automation that deploys seamlessly without integration and operates correctly on the first attempt.

Vention added that a portion of the investment will also fuel its EMEA expansion, strengthening its presence and operations to solidify its position as the standard for automation in the European market.

Manufacturing economic changes fuel investment

The company said that this investment comes at a crucial moment; as the U.S. and other major economies focus on boosting manufacturing, companies are seeking dramatically simpler, faster, and more scalable ways to automate their production.

Vention said its platform, which combines hardware, software, physical AI and cloud connectivity into a single unified experience, has emerged as a core enabler of the reshoring movement. 

“Manufacturers no longer want automation that requires deep expertise and long commissioning cycles,” said Etienne Lacroix, founder and CEO of Vention. “They want automation that works as intuitively and reliably as modern software. Physical AI is allowing us to deliver exactly that.”

Physical AI at the core of next-generation automation

Vention said it differentiates itself through advances in generative AI and physical AI, enabling artificial intelligence to power the design, programming, deployment and operation of industrial equipment and robotic cells.

Building on a multi-year collaboration with several robotics companies, Vention has recently launched automated configuration tools, an AI agent for defining machine specifications, a robotic programming copilot, and fully autonomous AI-powered robotic applications. The company said that these innovations reduce automation project timelines from months to days.

Enterprise adoption reaches platform-standard scale

Vention said that a major driver of growth has been enterprise customers adopting its platform as the “standard setter” for automation across all their plants. The company said that these organizations - spanning automotive, aerospace, logistics, food & beverage, and consumer goods - are building centralized Advanced Manufacturing Teams (AMTs) and deploying Vention’s platform as their global automation backbone.

“The most innovative manufacturers are choosing Vention not for a single project, but as a company-wide automation platform,” Lacroix said. “This financing allows us to serve these customers at an even greater scale.”

Vention said that this shift is creating multi-site, multi-country rollouts that allow enterprises to design once, deploy everywhere and support continuously - all within the same software and hardware environment.