Vention closes $95M Series C financing

May 10, 2022 · Funding · Vention · Development Platform

Vention closed a US$95 million Series C led by Georgian to expand its manufacturing-automation platform and global distribution.

The financing supported Vention's international expansion and further development of its integrated hardware-and-software automation platform.

Vention company media
Company media · Vention
  • Georgian led the US$95 million Series C, with Fidelity Investment Canada joining as a new investor.
  • White Star Capital, Bain Capital Ventures and Bolt Ventures also participated as existing investors.
  • Vention said the capital would expand go-to-market activity and global distribution and accelerate its hardware and software platform.

Canadian industrial automation company providing a cloud-based platform for designing, simulating, and deploying automated manufacturing systems. Combines modular hardware with software to enable rapid factory automation.