CloudNC, a UK-based innovator in AI-driven precision machining, has successfully raised $20 million in new capital. This funding round is earmarked to accelerate the global deployment of its advanced AI technology across intricate supply chain networks. The investment was spearheaded by prominent US venture capital firm Nimble Ventures, with significant contributions from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the investment arm of aerospace and defense giant Lockheed Martin.
Established in 2015, CloudNC operates from its London headquarters and maintains a vital production facility in Chelmsford. The company has a history of attracting substantial backing, having previously secured investment from Atomico and Episode 1 Ventures, alongside forging strategic alliances with industry leaders like Autodesk and Lockheed Martin. These partnerships underscore CloudNC’s growing influence and the perceived value of its technology within critical industrial sectors.
Automating CNC Programming to Streamline Manufacturing Workflows
The manufacturing industry, particularly precision component suppliers, is under immense pressure to reconcile stringent engineering tolerances with increasingly compressed delivery schedules. CloudNC’s flagship software product, CAM Assist, directly addresses this challenge by automating the complex process of computer numerical control (CNC) programming. The software intelligently generates optimal machining strategies and toolpaths directly from computer-aided manufacturing (CAM) models, significantly accelerating production runs and reducing manual intervention.
This automation effectively bridges the critical gap between the technical design phase and factory floor execution. By streamlining the programming process, machinists can dedicate more time to physical component output, leading to enhanced overall productivity and reduced lead times. CloudNC reports that CAM Assist is already actively deployed across over 1,000 machine shops worldwide, with a notable presence of several hundred facilities in the United States. Key commercial clients benefiting from this technology include industry heavyweights such as Lockheed Martin and Major Tool and Machine.
Theo Saville, CEO and co-founder of CloudNC, emphasized the industry’s current demands: “Machine shops everywhere are under pressure to quote and program faster, and deliver more with the people and machines they already have.” John Burbank, founder of Nimble Ventures, echoed this sentiment, suggesting that the widespread adoption of automated CNC workflows will be a critical enabler for “massive increases in onshoring of manufacturing and global production” within precision industrial supply chains.
With this new capital infusion, CloudNC plans to strategically invest in expanding its go-to-market operations, bolstering its technical support infrastructure, and intensifying partner engagement across key international regions. This strategic deployment of funds aims to solidify its market position and drive further adoption of its AI solutions.
AI-Powered Quoting Solution to Revolutionize Procurement Cycles
Further demonstrating its commitment to enhancing manufacturing efficiency, CloudNC is set to expand its software portfolio with the upcoming release of Quote Agent. Scheduled for launch later in 2026, this AI-assisted estimating tool is designed to tackle another significant bottleneck in the manufacturing supply chain: the laborious process of job estimation and quoting.
Currently, preparing accurate job estimates is a major operational drag for many manufacturing suppliers. The process of meticulously evaluating incoming technical drawings, calculating intricate cycle times, and establishing precise part pricing remains largely manual. This reliance on manual processes often exposes supply shops to administrative delays and, critically, the risk of miscalculated margins once production commences. Such inaccuracies can directly impact profitability and competitiveness.
Quote Agent aims to transform this by applying advanced AI to the early stages of cost estimation. This will empower suppliers to rapidly generate customer bids, ensuring competitive response times while simultaneously standardizing cost estimations and improving their accuracy. This not only accelerates the sales cycle but also enhances the reliability and predictability of project profitability.
Saville elaborated on the strategic vision behind Quote Agent: “Quote Agent is a natural next step for CloudNC as we seek to accelerate global machining with AI. CAM Assist already helps machinists get parts onto machines faster; Quote Agent will help shops assess new work, prepare quotes more efficiently, and respond to customers with greater confidence.” He further added, “We believe our AI can make quoting faster, more consistent, and more scalable, helping manufacturers win more of the right work while keeping expert judgment firmly in control.” This highlights a focus on augmenting human expertise rather than replacing it, ensuring that AI serves as a powerful tool for seasoned professionals.
Strategic Partnership with Knox Systems Accelerates FedRAMP Authorization for Government Deployment
In a significant move towards serving the highly regulated public sector and defense industries, CloudNC is actively collaborating with Knox Systems to achieve FedRAMP certification for its CAM Assist software. FedRAMP (Federal Risk and Authorization Management Program) is a US government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.
This critical compliance roadmap is designed to pave the way for CAM Assist’s deployment by US government departments, defense contractors, and aerospace manufacturers who operate under stringent federal data governance and security protocols. Successful authorization will unlock substantial opportunities for CloudNC within these vital sectors.
Upon achieving FedRAMP authorization, public-sector and defense suppliers will be empowered to leverage automated toolpath generation capabilities across their regulated production workloads. This would represent a significant technological advancement for government-dependent manufacturing, promising enhanced efficiency, security, and compliance within critical defense and aerospace supply chains. The partnership with Knox Systems, a specialist in government cloud compliance, is a testament to CloudNC’s commitment to meeting the exacting standards of these sophisticated markets.
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