CloudNC raises $20M to automate manufacturing’s most pressing bottlenecks
techcrunch.com Sep 9, 2026

CloudNC raises $20M to automate manufacturing’s most pressing bottlenecks

AI-summarised brief · reviewed before publication

UK-based manufacturing software startup CloudNC announced a $20 million Series B extension round on Wednesday, bringing its total funding to $128 million. Co-founded in 2015 by Theo Saville and Chris Emery, CloudNC develops AI-powered CAM Assist software that automates strategic decisions in Computer Numerical Control machining. The tool integrates with existing systems like Autodesk Fusion to select tools and generate code, acting as an assistant rather than a replacement for human experts. Nimble Ventures led the round, joined by Calculus Venture Capital, Entrepreneur First, LM Capital, and Lockheed Martin’s venture arm. CloudNC plans to use the capital to scale adoption, expand go-to-market operations, and launch Quote Agent, a new product helping shops assess project costs and risks. With over 1,000 machine shops using its software, primarily in the U.S., the company aims to address skilled labor shortages and support reshoring efforts by increasing efficiency in automotive, defense, and consumer hardware manufacturing sectors.

💡 Why It Matters

  • · The influx of capital targets a critical labor shortage in manufacturing, enabling shops to maintain output despite a shrinking skilled workforce.
  • · By automating complex programming tasks, CloudNC allows existing staff to handle higher volumes of work, directly supporting industrial reshoring initiatives that rely on domestic production capacity.