CloudNC lands $20M to expand its AI software for precision manufacturing

London precision machining software company CloudNC has raised $20 million in new investment capital. Nimble Ventures leads the round, with participation from other investors including Calculus Venture Capital, Entrepreneur First, and LM Ventures, Lockheed Martin’s venture capital fund. CloudNC’s 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 opera