CloudNC Ltd
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CloudNC Ltd - overview
Established
2015
Location
London, England, UK
Primary Industry
Software
About
Based in London, UK, and founded in 2015, CloudNC Ltd develops innovative software to optimize manufacturing processes. The company was co-founded by Theo Saville (CEO), and Chris Emery. In September 2026, CloudNC Ltd raised USD 20 million in series B funding led by Nimble Ventures, with participation from Calculus VC, Entrepreneur First, and LM Capital. The round was part of larger USD 65 mn Series B funding.
CloudNC's primary offering is CAM Assist, an AI-driven software that seamlessly integrates with existing CAM packages, including Mastercam and Autodesk Fusion. This software automates the development of machining strategies and parameters, thereby enhancing productivity and reducing manual programming time, benefiting clients across various sectors such as aerospace and automotive. In the most recent fiscal year of 2023, CloudNC reported revenues of USD 2. 43 mn, with an EBITDA of USD -19.
88 mn. The company operates on a subscription model for its CAM Assist product, allowing for tailored pricing plans based on client needs, which supports flexibility and scalability in the manufacturing sector. The company will use the September 2026 funding to expand its AI-powered CNC manufacturing software globally and expansion into new markets and the launch of Quote Agent, an AI tool for quoting and estimating machining jobs.
Current Investors
Acequia Capital, Episode 1 Ventures, Join Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Engineering Software
Website
www.cloudnc.com
Verticals
Artificial Intelligence, Cloud Computing, Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
CloudNC Ltd - timeline of key events
CloudNC Ltd - financials
| Fiscal Year Ended | Oct 31, 2017 | Oct 31, 2018 | Oct 31, 2019 | Oct 31, 2020 | Oct 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (953,361) | (2,344,805) | (6,258,147) | (8,331,102) | (10,258,945) | (14,805,002) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - |
CloudNC Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B | Completed | CloudNC Ltd | - | ||||||||
| Series B | Completed | CloudNC Ltd | - | ||||||||
| Series A | Completed | CloudNC Ltd | - | ||||||||
| Grant | Completed | CloudNC Ltd | - | ||||||||
| Seed | Completed | CloudNC Ltd | - |
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CloudNC Ltd - employee data
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