CloudNC, an AI precision manufacturing technology company, has raised $20 million in a funding round led by U.S. venture firm Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the fund tied to Lockheed Martin. The company said it will use the new capital to widen deployment of its AI software across global supply chain networks. CloudNC’s core product, CAM Assist, automates computer numerical control programming and is already in use at more than 1,000 machine shops worldwide, including facilities linked to Lockheed Martin. The company also plans to launch Quote Agent, an AI-assisted quoting tool, later in 2026 to shorten procurement turnaround times. Separately, CloudNC is working with Knox Systems to pursue FedRAMP authorization for CAM Assist, with the goal of deploying the software in regulated production environments used by U.S. government agencies and defense contractors, according to AI News cited by Techub.
CloudNC has raised $20 million in a funding round led by U.S. venture firm Nimble Ventures, according to Techub News.
Calculus Venture Capital, Entrepreneur First, and LM Ventures, the fund under Lockheed Martin, also joined the round. CloudNC said it will use the capital to expand deployment of its AI software across global supply chain networks.
CAM Assist already used in more than 1,000 machine shops
The company’s core product, CAM Assist, automates computer numerical control programming. CloudNC said the software is already used in more than 1,000 machine shops worldwide, with users including Lockheed Martin.
Quote Agent planned for later in 2026
CloudNC also plans to release Quote Agent, an AI-assisted quoting tool, later in 2026. The company said the product is intended to reduce procurement turnaround times.
FedRAMP certification effort underway
Separately, CloudNC is working with Knox Systems to seek FedRAMP certification for CAM Assist. The goal is to secure approval for deployment in regulated production environments used by U.S. government departments and defense contractors.
The item cited AI News as the source.
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