Vention Inc.

Vention Inc. is a global industrial automation company headquartered in Montreal, Quebec, Canada. Founded in 2016 by Etienne Lacroix and Max Windisch, the company's core mission is to democratize industrial automation, making it faster, simpler, and more scalable for manufacturers worldwide. Vention provides an AI-powered full-stack platform that unifies engineering software, automation hardware, and physical AI to enable businesses to design, deploy, and operate turnkey or custom automation solutions.

The company's offerings include a cloud-based Manufacturing Automation Platform (MAP) featuring tools like MachineBuilder for design, MachineLogic for programming, and MachineAnalytics for operations. Vention also supplies a vast ecosystem of plug-and-play automation components and integrates physical AI capabilities such as GRIIP, MachineMotion AI, and Rapid Operator AI for autonomous robotic functions. Its solutions cater to a broad market, from small and medium-sized enterprises to Fortune 500 companies across sectors like automotive, aerospace, technology, and consumer goods.

In January 2026, Vention raised US$110 million in Series D funding, bringing its total raised to over US$260 million and valuing the company at over $1 billion. This funding is aimed at accelerating the development of its Physical AI and expanding its unified software and hardware platform. The company has deployed more than 28,000 machines at over 4,000 factories globally and has established collaborations, including one with Nvidia to integrate AI and accelerated computing technologies. Etienne Lacroix serves as the Founder and CEO.