CloudNC

London-based precision machining AI developer CloudNC has completed a £15 million funding round led by US venture investor Nimble Ventures, alongside participation from Calculus Capital, Entrepreneur First, and Lockheed Martin's venture arm, LM Ventures.

Summary of transaction details:

• Value: £15 million
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: CloudNC, Nimble Ventures, LM Ventures, Calculus Capital, Entrepreneur First
• Location: London, United Kingdom

Note: The capital will support international market expansion, particularly in the US, and accelerate the development of new AI tools aimed at eliminating bottlenecks in CNC manufacturing workflows.