CloudNC Raises $20M and Aims for FedRAMP with Its Machining AI

⚡

Key Takeaways

1CloudNC raises $20M to accelerate the expansion of its AI machining software

2CAM Assist claims over 1,000 user workshops worldwide

3Quote Agent, an AI quoting tool, is expected in 2026

4A partnership with Knox Systems aims for FedRAMP certification

💡Why it matters — Access to new regulated markets and the automation of quoting could strengthen CloudNC's position in the industrial supply chain.

The London-based AI-assisted machining company secures $20 million to expand CAM Assist and prepare Quote Agent, a quoting tool set for 2026. CloudNC is also working with Knox Systems towards a FedRAMP authorization, while claiming over 1,000 user workshops worldwide.

FedRAMP in Sight with Knox Systems

CloudNC is collaborating with Knox Systems to certify CAM Assist under the FedRAMP program. The compliance roadmap aims for use by U.S. government departments, defense contractors, and aerospace manufacturers subject to federal data governance rules. If authorization is granted, public sector and defense suppliers will be able to deploy automated toolpath generation on regulated production loads.

$20 Million for International Expansion

CloudNC has raised $20 million in a funding round led by Nimble Ventures, joined by Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin. The company intends to use this investment for its marketing efforts, the development of its technical support infrastructure, and partnership initiatives in various international regions.

Adoption of CAM Assist and Effects on Workshops

CAM Assist automates CNC programming by generating machining plans and toolpaths from computer-aided design files. According to the company, this software shortens the transition period between design and manufacturing while enabling operators to increase their parts production. CloudNC reports over 1,000 mechanical workshops using its software worldwide, including several hundred in the United States. Lockheed Martin and Major Tool and Machine are among the confirmed clients.

Quote Agent Set for 2026 to Accelerate Quoting

CloudNC is preparing Quote Agent, an AI-assisted estimation tool scheduled for launch later in 2026. The preparation of quotes is described as a major bottleneck, as plan analysis, cycle time calculations, and pricing remain highly manual, with administrative delays and sometimes poorly assessed margins. Quote Agent aims to leverage AI upstream to speed up responses to requests and standardize estimates. Theo Saville emphasizes that workshops need to establish quotes and schedule faster with existing means, asserting that the tool will help evaluate new jobs, prepare quotes more efficiently, and respond with greater confidence while retaining expert judgment. John Burbank further believes that the automation of CNC workflows will support massive increases in reshoring and global production.

Profile and Ecosystem of CloudNC

Founded in 2015, CloudNC is based in London and has a production site in Chelmsford. The company has received support from Atomico and Episode 1 Ventures and claims strategic partnerships with Autodesk and Lockheed Martin. It positions its offering in a context where precision component suppliers reconcile strict engineering tolerances with shortened delivery times.