Vention Secures CAD$3.5M Seed Financing

Vention, a Montreal, Canada-based digital manufacturing platform dedicated to machine design, secured a $3.5m CAD seed financing.

The round was led by White Star Capital, with participation from previous investors Bolt and Real Ventures and angels:
– Jon Stevenson, CTO at Stratasys and former CTO at GrabCAD,
– Louis Tetu, current CEO at Coveo and former CEO at Taleo, and
– Rob Stevens, CRO at Tive and former VP of Sales and Marketing at Kiva Systems.

The company intends to use the funds to accelerate the development of its digital manufacturing platform on the hardware and software fronts.

Led by CEO Etienne Lacroix and CTO Max Windisch, Vention provides a free cloud-based 3D MachineBuilder™ which enables engineers to design and order custom equipment for next-day delivery across the U.S. and Canada through a fully-integrated digital workflow.
The company’s design software and hardware platform is certified by Universal Robots, the world’s largest collaborative robot manufacturer.

FinSMEs

21/01/2018

Join the discussion