3 years ago

CloudNC Secures $45 Million Series B Funding Led by Autodesk

  • CloudNC, a UK-based company developing advanced software for autonomous precision part manufacturing, raised $45 million in Series B funding led by Autodesk

  • The company plans to use the funds to further develop its SaaS offering, expand its full-stack manufacturing capability in Essex, and integrate with CAD/CAM packages like Autodesk's platforms

  • CloudNC's software simplifies precision machining, increasing speed and reliability while reducing waste

  • It allows factories to operate more efficiently and upskill their workforce

  • The company operates a full-stack factory in Essex, where its software is continuously iterated towards full manufacturing autonomy.

    • ProblemTechnology

      "Manufacturing precision parts is complex, time-consuming, and requires skilled labor, leading to inefficiencies and waste."

      Solution

      "CloudNC develops software that autonomously determines the tools and processes needed to manufacture precision parts, reducing complexity, increasing speed, and minimizing waste."

      Covered on