Vention Raises Pre-Seed Round of Funding

VentionVention, a Montreal, Quebec, Canada-based provider of a machine builder platform, raised a pre-seed round of funding.

The round was led by Boston-based Bolt and Real Ventures, with participation from Jon Stevenson, a former executive of PTC and GrabCAD, and Rob Stevens, a former executive of GrabCAD and Amazon Robotics.

Founded in 2016 by CEO Etienne Lacroix and CTO Max Windisch, is announcing the beta launch of its browser-based 3D machine builder platform, which enables designers to design and order their custom industrial equipment in a few days.
The platform is suited for the design of fixed and automated equipment in the fields of small business automation, lean manufacturing, product validation and research, and industrial design.

Features currently available on the beta version of Vention include:
– A library of structural, motion, and control components.
– A free cloud-based 3D Machine Builder
– Artificial intelligence-enabled 3D constraints
– Real-time cost and weight in the 3D Machine Builder environment.
– Automatic fasteners and bill of material management.
– Access to a library of user-generated public designs
– Invitation of individual collaborators to a design
– Ability to set up a private design group
– Submission of new component ideas
– Personalized assembly instructions with purchase orders

Furthermore, the company Vention was announced as a part of the 2016-2017 cohort of the Creative Destruction Lab of the Rotman School of Management at the University of Toronto, one of Canada’s leading accelerators for the commercialization of science-based companies.



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