# Maneva: Machinery, Toronto, Canada

> Maneva: Maneva is an industrial AI company based in Toronto, founded in 2021. Based in Toronto, Canada. Founded 2022.

Source: https://millionrounds.com/startup/maneva (Millionrounds; every figure on the page links to its filing or article)

Canada · [Machinery startup](https://millionrounds.com/companies)

# Maneva

Maneva is an industrial AI company based in Toronto, founded in 2021.

Funding reported Last round: Series A

Machinery Toronto, Canada

Company summary

- **Founded:** 2022 4 years old
- **Team:** 92 51 to 200 people
- **Funding reported:** 27M as listed, currency not stated
- **Last round:** Series A Jun 2026

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Maneva has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Maneva

Maneva is an industrial AI company based in Toronto, founded in 2021.

It focuses on enhancing high-volume manufacturing through its Video-to-Action AI platform, which transforms standard factory cameras into real-time operational decision systems. This platform includes AI agents like VITA and ALIS, utilizing deep learning computer vision to monitor production activities without the need for new hardware or cloud services. The company serves a diverse range of industries, including food and beverage, confectionery, steel, glass, pharmaceuticals, lumber, and meat processing. Maneva's solutions help manufacturers reduce waste, minimize downtime, and improve quality assurance and overall equipment efficiency. With a mission to empower factories and workers through AI-driven solutions, Maneva aims to create the world’s first thinking factory, providing cost-effective automation tailored to specific manufacturing workflows.

## What company datasets say Maneva raised

Funding, as reported

Reported in all **27M** in the source's currency

Last round **Series A**

Last round size **27M**

Last round date **Jun 2026**

Investors listed **5**

## Founders and team

From Maneva's own website: 2 founders.

**Rae Jeong** Co-Founder & CEO

**Kelvin Chan** Co-Founder & CTO

## On 2 portfolio pages

Investors who name them

- [Behind Genius Ventures](https://millionrounds.com/fund/behind-genius-ventures)
- [640 Oxford](https://millionrounds.com/fund/640-oxford)

Each firm lists Maneva on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

machine monitoring distribution manufacturing ai model accuracy cost savings distribution centers robotic rejection systems ppe compliance ai traceability production line ai operational efficiency conveyor belt monitoring foreign object detection automated defect detection mechanical or industrial engineering services

Built with from their website

IoT Docker Adobe Google Tag Manager Amazon CloudFront Canva Salesforce CRM Analytics HREF Lang Atlassian Flow

+8 more

QuickBooks YouTube MailChimp Adobe After Effects Google Workspace CloudFlare Viewport Meta IBM ILOG CPLEX Optimization Studio

- **Sector:** Machinery
- **Industry code:** NAICS 33324, 513210, 541512, SIC 3559, 7372, 7373
- **Region:** Ontario

## Machinery in Canada

Startups like it

- [**Kinova** Boisbriand · founded 2006 *Raised*](https://millionrounds.com/company/kinova)
- [**Attabotics** Calgary · founded 2016 *Raised*](https://millionrounds.com/company/attabotics)
- [**Robotiq** Saint-Nicolas · founded 2008 *Raised*](https://millionrounds.com/company/robotiq)
- [**Vention** Montreal · founded 2016 *Raised*](https://millionrounds.com/company/vention)
- [**Degelman Industries LP** Startup](https://millionrounds.com/startup/degelman-industries-lp)
- [**JLD - Laguë (John Deere dealer)** Laval · founded 1972](https://millionrounds.com/startup/jld-lagu-john-deere-dealer)
- [**Laserax** Quebec City · founded 2010](https://millionrounds.com/startup/laserax)
- [**Mosaic Manufacturing** Toronto · founded 2014](https://millionrounds.com/startup/mosaic-manufacturing)

## Is this your company?

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