CloudNC raises $20M to expand its AI machining tools and launch a quoting product

CloudNC secured $20 million, led by Nimble Ventures with participation from Calculus Venture Capital, Entrepreneur First and LM Ventures. The round will fund expansion of its AI-driven machining platform, launch the Quote Agent quoting tool later this year, and support commercial growth, new market entry, and FedRAMP certification. CloudNC’s existing CAM Assist product automates machining strategies for over 1,000 shops, and the company operates a precision-machining factory in Chelmsford.