CloudNC raises $20M to automate manufacturing’s most pressing bottlenecks

UK-based manufacturing software startup CloudNC has successfully secured $20 million in a Series B extension round. This latest injection of capital brings the company's total funding to $128 million to date. CloudNC specializes in developing advanced software solutions designed to automate complex manufacturing processes, aiming to resolve significant production bottlenecks that have long hindered the industry. By leveraging sophisticated algorithms, the company seeks to streamline CNC machining and improve overall operational efficiency for its clients. The new funding will be utilized to further scale its technology platform and expand its market presence. As the manufacturing sector continues to face labor shortages and supply chain pressures, CloudNC’s focus on automation positions it as a key player in the digital transformation of industrial production. The company remains committed to enhancing precision and reducing lead times through its innovative software-driven approach.