CloudNC

London, United Kingdom Founded: 2015 • Age: 11 yrs
CNC machines are controlled and optimized through cloud-based AI solutions.
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About CloudNC

CloudNC is a company based in London (United Kingdom) founded in 2015.. CloudNC has raised $57.07 million across 2 funding rounds from investors including Lockheed Martin, Autodesk and Atomico. CloudNC operates in a competitive market with competitors including Mastercam, Vero S, Cimatron, OPEN MIND Technologies and GibbsCAM, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloudnc Ltd
  • Date of Incorporation 13 Oct, 2015
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $57.07 M (USD)

    in 2 rounds

  • Latest Funding Round
    $45 M (USD), Series B

    Jun 21, 2022

  • Investors
  • Employee Count
    Employee Count
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People of CloudNC
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Norval Scott
Head of PR & Communications
People
Theo Saville
Co-founder And CEO
People
Jason Bowes
Chief Operating Officer
People
Chris Emery
Chief Scientist

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Funding Insights of CloudNC

CloudNC has successfully raised a total of $57.07M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $45.0M
  • First Round

    (07 Jun 2018)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series B - CloudNC Valuation Autodesk
Jun, 2018 Amount Series A - CloudNC Valuation Atomico
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CloudNC

CloudNC has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Lockheed Martin, Autodesk and Atomico. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital co-investments are made in UK later-stage businesses.
Founded Year Domain Location
Tech-based companies are invested in by Atomico venture capital fund.
Founded Year Domain Location
Seed & early-stage tech-focused venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CloudNC

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CloudNC

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloudnc Comparisons

Employees
+
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Competitors of CloudNC

CloudNC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mastercam, Vero S, Cimatron, OPEN MIND Technologies and GibbsCAM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
CAM software for CNC programming and multi-tool operations is offered.
domain founded_year HQ Location
Provider of CAD & CAM software solution
domain founded_year HQ Location
3D modeling and CAD/CAM software are supplied for manufacturing processes.
domain founded_year HQ Location
CAD CAM software for 2d 3d 5-axis milling
domain founded_year HQ Location
CAM software is utilized for CNC machine programming by GibbsCAM.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloudnc

CAM Assist AI Add-on for CAM Available for Siemens’ NX
Digitalengineering2471 year ago
CAM Assist Available for Mastercam
Digitalengineering2471 year ago

Frequently Asked Questions about CloudNC

When was CloudNC founded?

CloudNC was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is CloudNC located?

CloudNC is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is CloudNC a funded company?

CloudNC is a funded company, having raised a total of $57.07M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12.07M, raised on Jun 07, 2018.

What does CloudNC do?

CloudNC was founded in 2015 in London, United Kingdom. Artificially intelligent solutions are developed by the company for the manufacturing sector, focusing on automated control and optimization of CNC machine performance. Cloud-based technologies are utilized to enhance operational efficiency. Services include real-time monitoring and adjustments for industrial applications across various geographies.

Who are the top competitors of CloudNC?

CloudNC's top competitors include Mastercam, Cimatron and GibbsCAM.

Who are CloudNC's investors?

CloudNC has 7 investors. Key investors include Lockheed Martin, Autodesk, Atomico, British Patient Capital, and Episode 1 Ventures.

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