{"version":1,"type":"story","url":"https://digestai.news/story/cloudnc-secures-20m-to-scale-ai-precision-machining","json":"https://digestai.news/story/cloudnc-secures-20m-to-scale-ai-precision-machining.json","markdown":"https://digestai.news/story/cloudnc-secures-20m-to-scale-ai-precision-machining.md","slug":"cloudnc-secures-20m-to-scale-ai-precision-machining","headline":"CloudNC Secures $20M to Scale AI Precision Machining","summary":"CloudNC, a precision machining technology company, has raised $20 million to expand its AI-driven software solutions across global supply chains. Founded in 2015, the company offers CAM Assist, a software that automates CNC programming to speed up production runs. CAM Assist is active in over 1,000 machine shops globally, including several hundred in the US. The new funding will be used for go-to-market operations and technical support. CloudNC is also developing Quote Agent, an AI-assisted estimating tool, to speed up customer bidding processes. The company is collaborating with Knox Systems to achieve FedRAMP certification for its software, enabling deployment in regulated environments. The investment is led by US venture investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, a Lockheed Martin venture capital fund.","keyPoints":["CloudNC raised $20 million to scale AI precision machining","CAM Assist automates CNC programming for over 1,000 machine shops","Quote Agent will assist in faster customer bidding processes"],"whyItMatters":"This investment will help CloudNC expand its AI-driven solutions to more industries, particularly in regulated environments like the US government and defense sectors.","category":{"slug":"business","name":"Business & Funding","url":"https://digestai.news/category/business"},"entities":{"companies":["CloudNC","Nimble Ventures","Calculus Venture Capital","Entrepreneur First","LM Ventures","Atomico"],"models":[],"people":["Theo Saville","John Burbank"]},"firstPublishedAt":"2026-09-09T10:34:20Z","updatedAt":"2026-09-09T10:34:20Z","sourceCount":1,"hasPrimarySource":false,"sources":[{"outlet":"AI News","title":"CloudNC aims to accelerate AI supply chain machining","url":"https://artificialintelligence-news.com/news/cloudnc-aims-to-accelerate-ai-supply-chain-machining","publishedAt":"2026-09-09T10:34:20Z","type":"press","primary":false,"lead":true}],"sourceNotes":null,"discussions":[],"thread":null,"cite":{"text":"Digest AI, \"CloudNC Secures $20M to Scale AI Precision Machining\", 9 September 2026, https://digestai.news/story/cloudnc-secures-20m-to-scale-ai-precision-machining","publisher":"Digest AI","title":"CloudNC Secures $20M to Scale AI Precision Machining","datePublished":"2026-09-09T10:34:20Z","url":"https://digestai.news/story/cloudnc-secures-20m-to-scale-ai-precision-machining"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}