Observed Signal · Sep 9, 2026 · Funding · Source: techcrunch · Impact: 2/5 · Sentiment: Positive
CloudNC raises $20M to automate manufacturing bottlenecks
CloudNC, a London-based manufacturing software startup, has raised $20 million (€17.2 million) in a B extension round, bringing its lifetime funding to $128 million. The round was led by US investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, Lockheed Martin's venture capital arm. Founded in 2015, CloudNC offers AI-powered CAM Assist software that automates CNC machining strategies and toolpaths, used by over 1,000 machine shops globally, including hundreds in the US. The funding will support wider adoption, market expansion, and new products like Quote Agent, an AI-powered quoting tool for assessing costs and risks, expected later in 2026. CloudNC is also working with Knox Systems toward FedRAMP certification to enable use by US government agencies and defense contractors.
Funding round for a niche manufacturing software startup, relevant to AI in manufacturing but not directly core AdTech/MarTech.
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Key Takeaways & Evidence Grounding
- CloudNC raised $20 million (€17.2 million) in a B extension round, bringing total funding to $128 million.
- The round was led by Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures (Lockheed Martin's VC).
- CAM Assist, CloudNC's AI flagship, speeds up CNC machining strategy creation and is used by over 1,000 machine shops globally.
- Quote Agent, an AI-powered quoting tool for estimating costs and risks, is slated for launch later in 2026.
- CloudNC is pursuing FedRAMP certification for CAM Assist via Knox Systems to serve US government agencies and defense contractors.
Connected Companies & Entities
1 Entity mapped“CAM Assist plugs into traditional CAM systems, like Autodesk Fusion or Mastercam....”
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