CloudNC, a UK-based manufacturing software startup, announced a $20 million Series B extension round, bringing its total funding to $128 million, according to an article in TechCrunch. Founded in 2015 by Theo Saville and Chris Emery, CloudNC offers AI-powered CAM Assist software designed to automate aspects of Computer Numerical Control (CNC) machining, a process used to precisely cut or shape materials for industries such as automotive, defense, and consumer hardware. The company’s CAM Assist software integrates with existing CAM systems like Autodesk Fusion or Mastercam to assist machinists and programmers in making more efficient manufacturing decisions by selecting tools, approach directions, cutting feeds and speeds, and generating the necessary code for CNC machines [https://techcrunch.com/2026/09/08/cloudnc-raises-20m-to-automate-manufacturings-most-pressing-bottlenecks/].

The article highlights that traditional CAM systems, while powerful, still require manual specification of machining processes. In contrast, CloudNC’s CAM Assist acts as an “expert assistant” that automates much of the initial strategic thinking and repetitive setup, allowing human experts to review, improve, and approve the approach. This, according to Saville, aims to enhance the efficiency and productivity of skilled workers rather than replace their judgment. With over 1,000 machine shops worldwide using CAM Assist and 80% of its customer base in the U.S., CloudNC plans to use the new funding to scale adoption, strengthen go-to-market operations, expand into new markets, and develop additional products such as Quote Agent, which helps manufacturers assess project costs and risks more quickly. The funding round was led by Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Capital [https://techcrunch.com/2026/09/08/cloudnc-raises-20m-to-automate-manufacturings-most-pressing-bottlenecks/].

This is a summary. Read the original at techcrunch.com.