Vention raises $110M Series D to scale physical-AI manufacturing automation
Vention completed a US$110 million Series D led by Investissement Québec, with Desjardins Capital, Fidelity Investments Canada and NVentures participating, to expand its physical-AI automation platform.
Evidence notes
- The financing totalled US$110 million (C$150 million) and was led by Investissement Québec.
- Desjardins Capital, certain funds managed by Fidelity Investments Canada and NVentures participated alongside other financial institutions.
- Vention allocated the capital to physical-AI research, software capabilities, pre-engineered applications and expansion across North America and Europe.
Company context
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.