CloudNC Raises $20M in Funding

CloudNC, a London-based technology company specializing in AI software for precision machining, has raised $20 million in new investment capital. The funding will support the company as it scales its commercial operations and expands its product suite for the advanced manufacturing sector.

Investors

This round was led by Nimble Ventures, a US-based venture investor. Additional participating investors include Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin.

CloudNC Use of Funds

CloudNC will use the investment to accelerate the adoption of its AI solutions among machine shops and support expansion into new and existing markets. The capital will also be directed toward the development and launch of new products, including Quote Agent, an AI tool designed to streamline quoting and estimating processes for manufacturers.

About CloudNC

Founded in 2015 by Theo Saville, CloudNC develops AI-powered software designed to optimize CNC machining. Their flagship product, CAM Assist, automates machining strategies and toolpath generation to reduce production times and improve factory throughput. The company is dedicated to overcoming manufacturing bottlenecks by integrating artificial intelligence into complex workflows while maintaining human oversight.

Funding Details

Company Website: https://cloudnc.com

Company: CloudNC
Raised: $20M
Funding Date: September 9, 2026
Lead Investor: Nimble Ventures
Additional Investors: Calculus Venture Capital, Entrepreneur First, LM Ventures
Software Category: Manufacturing Software
Source: CloudNC