Software : Cloud Manufacturing : General

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London, England, United Kingdom

VC-B; Autodesk, Lockheed Martin, Atomico

We’re building end-to-end fully-autonomous manufacturing technology. Technology that can produce a component from its specification with no human input. We’re delivering this autonomy to the world through software solutions to the core problems in precision manufacturing.

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CloudNC raises $45m to deliver autonomous manufacturing

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: CloudNC, Autodesk, Lockheed Martin, Atomico

CloudNC, the company developing advanced software that enables factories to autonomously manufacture precision parts, today announced it has raised $45 million in a Series B round led by Autodesk, with Lockheed Martin and British Patient Capital participating alongside returning investors Atomico and Episode 1 Ventures. The company will use the additional capital to further develop its SaaS offering and roll out at-scale through integrations with CAD/CAM packages such as Autodesk’s platforms, and to expand its unique full-stack manufacturing capability in Essex, United Kingdom.

CloudNC’s technology already provides a significant degree of autonomy. A user can upload a 3D model of any part and, with one click, the software autonomously determines the tools needed, how they will be used and drafts the code to tell a CNC machine how to make it. This software assistance allows factories to be more efficient while upskilling the workforce, since more junior employees are able to operate the machines.

Read more at PR Newswire

How UK firm CloudNC is pioneering AI based manufacturing

📅 Date:

🏢 Organizations: CloudNC

UK precision engineering firm CloudNC has introduced a pioneering new AI based approach to manufacturing. In this exclusive Q&A interview the company’s CEO Theo Saville outlines the core technology and explains how the firm has built a brand new factory from the ground up.

Read more at The Engineer