# CloudNC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudnc

- Industry: Software
- Headquarters: London, UK
- Website: www.cloudnc.com
- Total disclosed funding: $79M
- Latest round: Series B (Sep 8, 2026)
- Investors on record: 12

## About

Based in London, UK, and founded in 2015, CloudNC Ltd develops innovative software to optimize manufacturing processes. The company was co-founded by Theo Saville (CEO), and Chris Emery. In September 2026, CloudNC Ltd raised USD 20 million in series B funding led by Nimble Ventures, with participation from Calculus VC, Entrepreneur First, and LM Capital. The round was part of larger USD 65 mn Series B funding.

CloudNC's primary offering is CAM Assist, an AI-driven software that seamlessly integrates with existing CAM packages, including Mastercam and Autodesk Fusion. This software automates the development of machining strategies and parameters, thereby enhancing productivity and reducing manual programming time, benefiting clients across various sectors such as aerospace and automotive.

In the most recent fiscal year of 2023, CloudNC reported revenues of USD 2.43 mn, with an EBITDA of USD -19.88 mn. The company operates on a subscription model for its CAM Assist product, allowing for tailored pricing plans based on client needs, which supports flexibility and scalability in the manufacturing sector.

The company will use the September 2026 funding to expand its AI-powered CNC manufacturing software globally and expansion into new markets and the launch of Quote Agent, an AI tool for quoting and estimating machining jobs.

## Funding rounds

- Series B, Sep 8, 2026, $20M — Entrepreneur First, Lockheed Martin Ventures, Nimble Partners, Calculus VC
- Series B, Jun 21, 2022, $45M — Atomico, British Business Bank, Episode 1 Ventures, Autodesk, Lockheed Martin Ventures, QVentures
- Series A, May 24, 2018, $12M — Atomico, Episode 1 Ventures, Entrepreneur First
- Seed, Jul 15, 2016, $2M — Acequia Capital, Episode 1 Ventures, Join Capital, Backed VC

## Investors

- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Episode 1 Ventures (https://capitalatlas.ai/funds/episode-1-ventures) — Seed, Series A, Series B
- Join Capital — Seed
- Backed VC (https://capitalatlas.ai/funds/backed-vc) — Seed
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A, Series B
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Series A, Series B
- British Business Bank (https://capitalatlas.ai/funds/british-business-bank) — Series B
- Autodesk (https://capitalatlas.ai/funds/autodesk) — Series B
- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series B
- QVentures (https://capitalatlas.ai/funds/qventures) — Series B
- Nimble Partners (https://capitalatlas.ai/funds/nimble-partners) — Series B
- Calculus VC (https://capitalatlas.ai/funds/calculus-vc) — Series B