CloudNC, a startup building AI software for precision machining, has raised £15 million in new investment capital. The funding is led by Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First and LM Ventures, Lockheed Martin's venture capital fund.
Lead product CAM Assist uses AI to greatly reduce the time required to create CNC machining strategies and toolpaths, allowing teams to move from design to production faster and enabling skilled operators to increase their output. By tackling the most time-consuming and repetitive parts of the process while keeping humans firmly in control, CAM Assist helps machine shops increase throughput, improve efficiency and consistency, and make better use of the expertise already within their teams.
More than 1,000 machine shops globally now use the technology, including hundreds in the US, with named customers including Lockheed Martin and Major Tool and Machine. Founded in 2015, CloudNC is headquartered in London with a factory in Chelmsford, and the investment comes as it moves from early adoption of CAM Assist to broader commercial scale.
A second product, Quote Agent, will be available later in 2026. Quoting is one of the most manual and commercially important steps in machining: shops that move too slowly can lose the opportunity, while inaccurate pricing can cost margin once a job reaches production. Applying AI to quoting and estimating, Quote Agent is designed to help manufacturers respond to customer enquiries more quickly and consistently, reduce administrative effort, and improve confidence in early-stage job assessment.
The funding will support wider adoption of CAM Assist, growth in existing and new markets, and the launch of new products, alongside further investment in go-to-market operations covering commercial presence, customer support and partner activity. CloudNC is also working with Knox Systems toward FedRAMP certification for CAM Assist, which would enable US government agencies, defence contractors and other organisations with stringent security and compliance requirements to use it for sensitive manufacturing workloads.
Machine shops everywhere are under pressure to quote and program faster, and deliver more with the people and machines they already have. This investment allows us to stay focused on what matters most to our customers: making CAM Assist even more effective at accelerating daily production, expanding into more markets, and developing new AI products that address critical bottlenecks across machining workflows. 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. Quoting is one of the biggest hidden bottlenecks in precision machining: move too slowly and shops can lose the opportunity, or price inaccurately and they can lose margin once the job reaches production. We believe our AI can make quoting faster, more consistent and more scalable, helping manufacturers win more of the right work while keeping expert judgement firmly in control.
CloudNC's automation of CNC will enable massive increases in onshoring of manufacturing and global production of mission-critical components.
