Vention is a digital manufacturing automation platform that enables manufacturers to design, program, and order automated equipment through an integrated system that combines hardware and software. This platform reduces lead times to five days and offers a payback period of under one year by streamlining the automation process and minimizing manual tasks across production operations.
Funding
$152.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Manufacturers face challenges in designing, programming, and ordering automated equipment due to lengthy lead times and complex integration processes. Traditional automation approaches often involve project-based methods, leading to increased costs and extended payback periods.
Solution
Vention offers a Manufacturing Automation Platform (MAP) that streamlines the automation process, enabling manufacturers to design, program, order, and deploy automated equipment through a unified hardware and software ecosystem. The platform provides a library of modular components, code-free and Python programming environments, and digital twin simulation capabilities. By integrating design, programming, simulation, and procurement into a single platform, Vention reduces lead times, lowers costs, and accelerates the payback period for automation projects. The platform's plug-and-play connectivity simplifies integration, while cloud-native collaboration tools facilitate team coordination from design to deployment.
Target Audience
Vention targets small to large manufacturers, tooling designers, roboticists, operations leaders, and system integrators seeking to automate their manufacturing operations.
Features
- MachineBuilder: Design automated equipment and robot cells in minutes using a library of modular components and AI-driven tools.
- MachineLogic: Program and simulate equipment behavior with code-free or Python programming environments and physics-based simulation.
- MachineAnalytics & RemoteView: Remotely track equipment health and performance with real-time analytics, event logs, and secure camera streaming.
- MachineMotion AI: AI-ready, plug & play automation controller for driving EtherCAT servos and connecting to various devices.
- Modular and plug & play components: Comprehensive library of certified components for seamless integration and reduced integration hassles.
- Auto-generated bill of materials (BoM) and online ordering directly within the 3D environment.
- Cloud-native collaboration tools for design reviews, revision management, and secure team portals.