Press Page | Vention

Vention Strengthens Executive Leadership Team After Record Period of Growth

Vention, the inventor of the world's only full-stack, cloud-based automation platform, today announced the appointment of three new executives as it continues to capture market share in industrial automation based on the strength of its unique business model.

Vention Unveils MachineMotion AI and Announces Collaborations with NVIDIA and ABB at 5th Annual Demo Day

The cloud robotics company also presents new software innovations supporting its mission to democratize industrial automation.

Vention and ABB collaborate to bring cobot automation to small and medium manufacturers

The cloud robotics company welcomes ABB as part of its Manufacturing Automation Platform.

Vention launches MachineMotion AI, an AI-enabled automation controller for robotics and industrial applications

Vention's new controller, embedded with NVIDIA accelerated computing technologies, brings advancements to small and medium-sized robotics manufacturers.

Vention to democratize industrial automation using NVIDIA AI technologies

Vention, the company behind the cloud-based Manufacturing Automation Platform (MAP), today announced a collaboration with NVIDIA to bring industrial automation technology to small and medium manufacturers by using NVIDIA AI and accelerated computing to advance cloud robotics. This announcement marks a year of collaborative efforts to leverage artificial intelligence to simplify the realization of industrial automation and robotic projects, from the design of equipment up to their operations.

Vention Launches New Cloud-Robotic and AI Capabilities to Accelerate the Design and Deployment of Robot Cells

Vention, the cloud robotics company, released today a suite of AI-powered capabilities to its Manufacturing Automation Platform (MAP). These new capabilities, available immediately to the more than 4,000 manufacturers already using Vention, strengthen the company's position as the only end-to-end platform to design, automate, order, deploy and operate automated equipment and robot cells in the cloud.

Partnership To Deliver Combined Offering For Advanced Robotic Machine Tending

Vention, the company behind the cloud-based Manufacturing Automation Platform (MAP), and Flexxbotics, delivering workcell digitalization for robot-driven manufacturing, have announced a partnership and the immediate availability of a combined offering for robotic workcell digitalization in next-generation machining environments.

Vention announced as one of Deloitte's Technology Fast 50™ program winners for 2023

Vention was recognized for the third time as part of the 2023 Deloitte Technology Fast 50™ awards program for its rapid revenue growth, entrepreneurial spirit, and bold innovation. Celebrating its 26th anniversary, the program recognizes Canada's 50 fastest-growing technology companies based on the highest revenue-growth percentage over the past four years. Vention ranks 29 with a 636 percent in revenue growth from 2019 to 2023.

Vention bolsters its partnership with Fonds de solidarité FTQ to boost automation in Quebec's manufacturing industry

Vention is proud to announce an investment of US$15 million from the Fonds de solidarité FTQ. With the support of its partners, Vention continues its strong growth and pursues its mission to democratize industrial automation, thereby boosting the productivity and competitiveness of manufacturing companies.

Vention's Demo Day 2023: Rewiring the automation journey

Vention is thrilled to announce the product launches revealed at the 4th edition of Demo Day. The annual event brings Vention's most cutting-edge products to the forefront, all of which are designed to support its mission to create a single digital industrial automation environment accessible to all manufacturers. Today, Vention unveiled a transformative addition to its MAP, a fifth pillar, Operate.

Vention Named as One of Canada's Top Growing Companies

Vention is pleased to announce its rank, 64 out of 425 companies, on the 2023 Report on Business ranking of Canada's Top Growing Companies. Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Vention earned its spot with a three-year growth of 636%.

Vention Unveils Coordination Motion Technology at FABTECH in Collaboration with Universal Robots

Vention is proud to announce the latest advancement in robotic control in collaboration with Universal Robots: Coordinated Motion. This technology empowers users to achieve synchronized motion control across six robot joints and a single external linear axis, enabling precise TCP (Tool Center Point) trajectory execution through multiple waypoints at specific times across the robot workspace. Coordinated Motion unlocks a new realm of possibilities for Vention and Universal Robots customers, offering users a seamless way to streamline their operations and enhance their applications.

Vention becomes Universal Robots' Certified Solution Partner

Vention and Universal Robots are strengthening their partnership to provide best-in-class automation solutions in record time for all manufacturers and automation providers. A UR+ partner since 2017, Vention is proud to announce its strengthened partnership with Universal Robots becoming one of a few select Certified Solution Partners (CSP). This new CSP certification further validates the compatibility of Vention and Universal Robots' hardware and software ecosystems.

Vention remains committed to building a secure platform

Vention proudly received the ISO 27001 certification. This internationally recognized certification validates Vention's dedication to maintaining the highest information security management standards. ISO 27001 certification signifies that Vention has successfully met the rigorous requirements outlined by the International Organization for Standardization for establishing, implementing, maintaining, and continuously improving its Information Security Management System (ISMS). By adhering to this standard, Vention ensures the security of its platform across all its processes and resources.

Vention Opens its Cloud Platform to Python Programmers

Vention is proud to unveil its latest automation technology breakthrough with the enhanced code-free and Python programming environment within MachineLogic. This continuum of programming options offered within MachineLogic, from code-free automation for emerging automation practitioners to Python programming for automation experts, empowers all programmers to automate through a streamlined process.

Vention announces worldwide on-demand remote support through its 3rd generation pendant technology

Vention announced today the release of Remote Support, allowing manufacturers to receive on-demand, high-priority automation and deployment support from Vention's Customer Success Team. This new release is accessible through Vention's 3rd generation pendant technology, which features a double built-in camera, voice streaming, HMI screen sharing, Wi-Fi connectivity, and a powerful 13-inch touchscreen display to make remote support simple and enjoyable.

Introducing the Vention Experience Center

Vention, the company behind the cloud-based Manufacturing Automation Platform (MAP), announced today the opening of the first Vention Experience Center located in their Montreal headquarters. Vention will provide Quebec manufacturers with free access to the latest innovations in industrial automation through exclusive live demos, educational sessions, and hands-on training.

Vention’s Disruptive Industrial Automation Approach Boosts Engineering Confidence in 2023

Driven by global demand for its Manufacturing Automation Platform, Vention registered a record performance. With robust net revenue growth, ground-breaking product announcements, and a significant increase in its presence in Europe and North America, Vention enters the new year with bolstered confidence.

Vention announces MachineCloud, the first-of-its-kind software for assisted deployment of industrial automation

MachineCloud enables software-assisted deployment of automated equipment directly from the cloud to the factory floor with step-by-step guidance

Raising the ceiling of code-free programming for robotics and industrial automation

Vention, the cloud-based manufacturing automation platform (MAP), is pleased to announce the launch of MachineLogic V4.0. This is one of its biggest releases since the initial product launch in 2018. Offered on a freemium and subscription basis, new users can leverage the full feature set of MachineLogic in its cloud version, with subscriptions required for those seeking to deploy equipment on the factory floor.

Vention closes a $95M USD Series C financing

Empowering more manufacturers to adopt industrial automation and robotics through its cloud Manufacturing Automation Platform. Vention, the leading digital manufacturing automation platform (MAP), announced today the closing of US$95M in Series C financing, led by existing investor, Georgian. New investor Fidelity Investment Canada ULC (certain funds) also joined the round alongside existing investors White Star Capital, Bain Capital Ventures, and Bolt Ventures.

Vention expands its North American footprint with a new office in Boston, United States

Vention, the cloud-based manufacturing automation platform (MAP), is pleased to announce the expansion of its North American footprint with a new office in Boston, United States. The expansion is the second one this year, as the company recently opened its Berlin, Germany office.

Vention and OnRobot partner to bring a one-stop-shop for cobot applications to manufacturers

This partnership combines Vention’s online-first manufacturing automation platform with OnRobot’s library of plug-and-play end-of-arm tools to accelerate the design and deployment of end-to-end cobot applications. The combination of offerings makes it even easier to automate tasks like machine tending, material handling, material removal and assembly.

Vention and FANUC enter an alliance for the direct sale of FANUC CRX collaborative robot cells online

Vention and FANUC are proud to announce their alliance in the field of collaborative robotics. Centered around the FANUC CRX cobot, this collaboration will enable prospective end-users, system integrators, and training centers to design and order complete, end-to-end robot cells directly from the Vention cloud platform.

Next Generation Machine Motion Controller Launched

Vention has launched its MachineMotion V2 (MMV2). With plug & play actuators and code-free programming, automating factory floor equipment has never been easier.

Vention recognized as disruptive innovator in the 2020 Forbes Manufacturing Awards

Forbes' selection for 2020’s most intriguing people, companies and trends from the world of manufacturing.

Vention named as a 'next 50 in global tech: smart manufacturing'

WIM2020 gathers innovators from Asia, Africa, Europe and the Americas to share their knowledge and key achievements, promoting the concept of 'Tech for Equal.' As part of their 2020 report, they have named Vention as one of the next 50 in global tech: smart manufacturing.

Vention awarded as one of Canada’s companies-to-watch in the 2020 Deloitte Technology Fast 50™ Awards.

Fast 50 companies-to-watch winners are companies demonstrating superior technology and effective management experience. To be eligible, candidates must also devote a significant portion of their operating revenues to creating proprietary technology or intellectual property.

Vention raises $38M CAD to scale its cloud-based manufacturing automation platform

The funding will be used to further develop its cloud-based platform, grow its library of plug-and-play automation components, and continue international expansion.

Vention partners with SMC to enable digital engineering of pneumatic equipment

Introducing Vention’s new pneumatic ecosystem powered by SMC, a fully integrated plug-and-play system compatible with the Vention digital engineering platform.

Embracing the power of industrial automation

From Uber to Airbnb, countless young companies have adopted innovative technologies to radically transform how businesses operate. But until recently, industry-wide disruption in the manufacturing sector had yet to materialise.

Le Québec tarde encore à prendre le virage 4.0

USINE 4.0. Le Québec fait des progrès en matière d’usine intelligente. Mais les fabricants québécois ont encore beaucoup de chemin à faire dans leur transformation numérique, démontrent plusieurs études.

Canadian Innovator: From Screen to Shop Floor

It’s often said but Vention – a Montreal startup that allows customers to design and order custom industrial machines online – really has experienced a meteoric rise since its founding in 2016.

Yaskawa Motoman adds Vention to their Partner Network to Enable Rapid Deployment of Smart Series Robots

Vention, a next-generation digital manufacturing platform for industrial equipment, is releasing new hardware components to support rapid deployment of robot cell equipment for Yaskawa’s Smart Series robots.

Vention's New MachineLogic Enables Users to Develop Comprehensive Automation Sequences Online in Context of 3D Model

Vention helps all manufacturing professionals to automate their shop floors without the complexity of traditional automation development environment

Vention Unveils MachineLogic™, a Code-free Visual Sequence Editor for Cloud-to-Shop-Floor Industrial Automation

Vention, a next-generation digital manufacturing platform for automated equipment, today unveiled MachineLogic™, a code-free visual sequence editor that empowers manufacturing professionals to automate their equipment in an intuitive cloud and local environment.

Industrial Automation Simplified with MachineLogic

Introducing a code-free visual sequence editor that empowers manufacturing professionals to automate their equipment in an intuitive cloud and local environment.

Vention Unveils MachineLogic for Cloud-to-Shop-Floor Industrial Automation

Manufacturing Tomorrow covers our press release announcement for the MachineLogic launch. Read the full article.

10 Montreal Tech Companies to Watch in 2019

This year, BetaKit reached out to the Montreal tech community, asking for recommendations on the companies we should be keeping an eye on. Along with some of our own suggestions, here are the companies — in no particular order — that we think are worth watching this year.

Interesting Interviews: This Company Revolutionizing the Way People Build and Design Custom Machines

Interesting Engineering sat down with Vention to discuss their digital manufacturing platform and how it is changing the way people create custom machinery.

Montreal's Vention Closes 17 Million Series A Adds AI to Custom Manufacturing Platform

Montreal-based digital manufacturing startup Vention announced the close of a $17 million CAD Series A round today, led by Bain Capital Ventures.

Vention Inc. of Montreal raises $17-million in financing led by Bain Capital Ventures

Vention Inc., a rapidly-growing Montreal startup that enables industrial manufacturing professionals to create, design and order custom equipment with a few mouse clicks, has secured $17-million in venture financing led by Bain Capital Ventures and backed by previous investors White Star Capital, Bolt Innovation Management and Real Ventures.

Vention Raises $17M CAD From Bain Capital Ventures to Expand Machine Design Platform

Vention, a next-generation digital manufacturing platform for custom factory equipment, is announcing the completion of a $17M CAD Series A financing round led by Bain Capital Ventures. The company is also announcing the release of its second major platform upgrade since its founding in 2016.

Vention Releases First UR+ Certified Customizable Range Extender

Vention has released a modular range extender for Universal Robots’ market-leading cobots, providing a seventh axis. It comes with the URCap software.

Quand Facilité et Rapidité Riment Avec Performance

La « start-up » montréalaise Vention s’est donné la mission de démocratiser l’ingénierie en permettant la conception de machines manufacturières, en ligne, de manière rapide et efficace. Par Kassandra Martel

Meet 3D MachineBuilder, a Web-Based Platform for Speeding Custom Machine Design

3D MachineBuilder from Vention is a cloud-based design and build system that could potentially speed the development time of custom industrial equipment and prototyping by five times.

Future Factory: How Technology Is Transforming Manufacturing

From advanced robotics in R&D labs to computer vision in warehouses, technology is making an impact on every step of the manufacturing process. Read on for a closer look at how technology is transforming each step of the manufacturing process.

Vention Snags $3.5M Seed Round For Their Machine Design Platform

You remember Vention, right? The web-based machine builder and social marketplace? They just popped the champagne announcing a seed round of $3.5 million CAD ($2.8M USD). That’s no small bag of coin. And it comes on the heels of significant developments for the Vention platform.

Vention Transitions to 1st Release, Launches App for Motion Control

Using a browser-based CAD platform, designers can create their own industrial equipment from a modular-parts library. Now in its first launch, the company also offers a MotionApps software and MachineMotion interface so customers can easily program their products' motion profiles.

Fort attrait pour les machines sur mesure de Vention

La jeune entreprise montréalaise Vention a le vent dans les voiles. Ses ventes croissent à fort rythme, la liste de ses clients inclut l'élite des fabricants nord-américains et elle vient d'obtenir un nouveau financement d'environ 3,5 millions de dollars.

Montreal Entrepreneur Sets Sights on Upending Industrial Design and Manufacturing World

Startup Vention Inc. raises $3.5-million seed investment from U.S., Canadian investors.

Vention Secures $3 Million Seed Round to Expand Machine Design Platform

"Industrial lego" company has just gotten a few more bricks to play with.

Vention Raises $3.5 Million Seed Round With Support From White Star Capital Bolt And Real Ventures

Founded by a group of former mechanical and software engineers, the platform scales-up the LEGO concept to the industrial level, with 3D design software and artificial intelligence (AI) support.

With $3.5 Million Seed Round Vention Launches Platform That Automates Industrial Design

Montreal-based Vention has announced that it is launching its 3D MachineBuilder to the public for the first time on the heels of a $3.5 million seed round.

First Look: Machine Motion from Vention

It’s rare that I am caught off-guard by a new product. Being a tech writer, I tend to have a reasonable grasp on products that are on the horizon. So, when I was asked to write a first-look article on this new product, I can confirm that it is as much of a first-look for me as it is for many of you. And I must admit, I am fairly impressed.

The "IKEA of Custom Industrial Equipment" Enters Open Beta Stage

The service is highlighted for its ease-of-use, and same-day shipping of robust, modular parts used to build custom factory equipment.

Vention.io transitions to open-beta

Vention, a 3D industrial design platform, is transitioning to open-beta today.

New Venture Competition Alumi 2017 Winners

Vention won 1st position and People's Choice Award at the regional finals of the HBS New Venture Competition, and is selected as Global Finalist for the Global competition on the April 25th, 2017 in Boston.

Vention is selected as finalist for the Automate Launch Pad Startup Competition in Chicago

The 2017 Automate Launch Pad Startup competition highlights the industry’s most innovative young companies in robotics, machine vision, and motion control. The competition provides innovative startup companies with an opportunity to generate awareness of their technology and find new sources of funding.

Vention.io Announces Beta Launch 3D Machine Builder Platform.

Vention.io recently announced via news release the beta launch of its browser-based 3D machine builder platform, enabling users to design and order their custom industrial equipment in just a few days.

Browser-based 3D Machine Builder Platform from Vention Looks to Democratise Design.

A beta version of Vention.io’s browser-based 3D machine builder platform has been launched, claiming that with its use of artificial intelligence it is paving the way for the ‘democratisation of mechanical engineering’.

Vention.io is a Web-based Machine Builder Platform & Social Marketplace

A Montreal-based startup is about to shake the world of design automation. Vention, a new browser-based machine builder platform, launched in beta today.

Vention Has Launched an AI-based Machine Building Platform

Montreal start-up Vention.io has announced the beta launch of a browser-based industrial machine building platform.

Des Lego Pour Adultes

La machine pour créer la machine qui fabrique des machines. C’est ce qu’a conçu en très peu de temps la jeune entreprise montréalaise Vention, qui inaugure aujourd’hui la première version publique de son système permettant aux usines de se créer elles-mêmes rapidement des appareils adaptés à leurs besoins.

Vention Wants to Democratize Mechanical Engineering With AI-Based Platform.

By incorporating artificial intelligence in its platform, this Montreal startup is working to make the 3D design experience significantly easier and faster — not to mention more affordable — for smaller businesses working on lean automation and product validation.

Vention Releases 3D Industrial Design Beta.

Founded in 2016 by a group of former mechanical and software engineers from McKinsey & Co, GE, Microsoft, and Pivotal, the platform scales-up the LEGO concept to the industrial level, with 3D design software and artificial intelligence (AI) support.