Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

British manufacturing software developer CloudNC raises $20M in Series B to expand AI-powered CNC machining automation platform globally.

PRIVATESep 09, 2026•about 3 hours ago

Amount Raised

$20 Million

Round Type

Series B

London

Description

CloudNC, a British manufacturing software company, has raised $20 million in an additional Series B funding round, bringing its total capital raised to $128 million. The company develops CAM Assist, an AI-based system that automates machining processes on CNC machines by selecting tools, approach directions, feed rates, and cutting speeds. CloudNC's software is used by over 1,000 machining workshops worldwide, with approximately 80% of its customer base in the United States. The funding will support broader deployment of CAM Assist, expansion into new markets, and development of new products including Quote Agent, a tool for cost estimation.

Company Information

Company

Cloud Nc

Location

London, Ontario, Canada

About

CloudNC develops advanced software, developed and tested in its own aerospace-accredited facility (AS9100D), that massively simplifies and improves the process of precision machining, delivering greater speed and reliability with less waste than current processes. The company is seeking to democratise production through its unique, full-stack factory in Essex, United Kingdom, where the software is continuously iterated towards full manufacturing autonomy. The company, founded in 2015, consists of a world-class team combining expertise in computer science and physical manufacturing, alongside Autodesk and Lockheed Martin as strategic partners helping to make CloudNC's solutions available to factories around the world as a software product.

Don't miss Cloud Nc's next move

Get an email the moment Cloud Nc raises, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Cloud Nc's next move

See what Strategic adds

Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Cloud Nc raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.