Vention, the provider of an AI-powered software and hardware platform for automation and robotics, has raised $110 million 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.
The new capital will accelerate Vention’s mission to deliver Zero-Shot Automation, a new paradigm for manufacturing automation that deploys seamlessly, without integration, and operates correctly on the first attempt.
A portion of the investment will also fuel Vention’s expansion across EMEA, strengthening its presence and operations to solidify its position as the standard for automation in the European market. [Read more…] about Vention raises $110 million to accelerate physical AI across global manufacturing