CloudNC aims to accelerate AI supply chain machining
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CloudNC announced it has raised $20 million to scale its AI-powered precision machining technology across global supply chains. The round was led by Nimble Ventures with participation from Calculus Venture Capital, Entrepreneur First, and Lockheed Martin's venture fund LM Ventures. The London-headquartered company, founded in 2015, makes CAM Assist software that automates CNC programming, generating machining strategies and toolpaths from CAD/CAM models to speed production. CloudNC says the software is used in over 1,000 machine shops worldwide, including hundreds in the US, with customers such as Lockheed Martin and Major Tool and Machine. The company plans to use the funds for go-to-market operations, technical support, and international partner activities. It also introduced Quote Agent, an AI-assisted estimating tool due later in 2026 to speed up quotation processes. CloudNC is working with Knox Systems on FedRAMP certification to enable US government and defense contractors to deploy CAM Assist.
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