CloudNC Raises $20M To Scale AI Machining Software

CloudNC raised $20 million to push its AI machining software deeper into industrial supply chains, AI News reported, adding fresh capital for a company trying to shorten the path from digital part design to factory production.

The round was led by Nimble Ventures, a US venture investor.

Calculus Venture Capital, Entrepreneur First and Lockheed Martin's LM Ventures also joined the financing, extending a backer list that already included Atomico and Episode 1 Ventures.

The London-based company, founded in 2015, operates a production facility in Chelmsford as well as its headquarters.

Its commercial pitch is aimed at precision component suppliers that must hold tight engineering tolerances while still cutting quoting and programming time.

CloudNC's main software product, CAM Assist, automates computer numerical control programming.

Instead of leaving machinists to build every strategy and toolpath manually from computer-aided manufacturing models, the system generates machining approaches that can move a part more quickly from design file to production run.

That workflow is no longer only a laboratory claim.

CAM Assist is active in more than 1,000 machine shops worldwide, including several hundred in the US.

Lockheed Martin and Major Tool and Machine are named commercial users, giving the fundraising story a deployment base as well as a product roadmap.

The customer list matters because the software is being sold into workshops where delivery schedules and tolerances are operational constraints.

CloudNC is not presenting AI as a replacement for the factory; the product is positioned around the programming and estimating steps that determine how quickly expert machinists can move a customer order into production.

CloudNC plans to use the new money for go-to-market work, technical support and partner activity across international regions.

The spending priorities point to a scale-up phase in which the company must support a wider manufacturing customer base, not simply refine the software.

A second product, Quote Agent, is due later in 2026 and moves CloudNC's AI pitch from machine programming into job pricing.

It addresses an earlier bottleneck in the manufacturing workflow: reading technical drawings, estimating cycle times and setting part pricing before a job reaches the shop floor.

Manual estimating can delay bids or leave suppliers with weak margin assumptions.

The tool is designed to bring AI into early costing so shops can return customer bids faster and make estimates more consistent while keeping expert judgment in the process.

That gives the company two linked software bets: one around preparing a part for a machine, and another around deciding whether the work should be quoted and at what price.

Theo Saville, CloudNC's chief executive and co-founder, has tied the new tool to a broader effort to accelerate global machining with AI.

John Burbank, founder of Nimble Ventures, linked automated CNC workflows to a larger onshoring and production opportunity for precision industrial suppliers.

CloudNC is also working with Knox Systems on FedRAMP certification for CAM Assist.

A successful clearance would open the door to regulated deployments by federal agencies, defence suppliers and aerospace manufacturers that must follow US data governance requirements.