Industry Newsphysical aiindustrial automationventiongenerative ai
Vention Secures $110M To Scale Physical AI
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Montréal-based Vention secured a $110 million USD Series D and reported a CAD$100 million annual run rate in late December, CEO Etienne Lacroix said. The round was led by Investissement Québec with participation from Nvidia’s venture arm, Desjardins Capital, and Fidelity, bringing total funding above CAD$300 million. Vention will use proceeds to scale its physical AI for robot perception and motion planning, add software features, and expand operations in Europe.
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Strong funding and commercial traction raise industry relevance; limited technical depth and regional focus constrain broader impact.
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