CloudNC has secured $20 million in new capital to further scale its AI precision machining technology across global supply chain networks. This investment round was led by US venture investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin.
The funding comes as CloudNC continues to develop and refine its AI-powered manufacturing solutions. Founded in 2015, the company has been at the forefront of cutting-edge technology that enables precision machining on a large scale. Its AI precision machining technology allows for faster production times, improved quality, and reduced costs without sacrificing accuracy.
CloudNC's goal is to revolutionize the way manufacturers produce goods by integrating its AI-driven manufacturing capabilities into their existing supply chain networks. With this investment, the company aims to accelerate the adoption of its solutions across global markets and further establish itself as a leading provider of AI precision machining technology.