CloudNC Raises $20 Million to Expand AI Tools for Precision Machining

CloudNC has raised $20 million in new funding as it looks to expand the use of artificial intelligence across precision manufacturing, moving beyond CNC programming into other time-consuming parts of the machining workflow. The round was led by US-based Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital arm of Lockheed Martin. The new capital will support the wider adoption of CloudNC’s existing CAM Assist platform…

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