CloudNC

AI tool automating Computer-Aided Manufacturing

London, England, United Kingdom

About CloudNC

CloudNC operates in the precision manufacturing industry, focusing on automating the Computer-Aided Manufacturing (CAM) process with its main product, CAM Assist. This AI tool streamlines repetitive tasks, allowing manufacturers to concentrate on more complex challenges. By significantly reducing production times from days or hours to mere minutes or seconds, CAM Assist enhances the efficiency of the manufacturing process. Unlike competitors, CloudNC offers its tool as a free add-on to existing CAM software, such as Fusion 360, with plans for integration into other leading packages. The company aims to elevate the manufacturing sector by making it more efficient, reliable, and accessible, leveraging eight years of development by a skilled team in computer science and manufacturing.

London, United KingdomHeadquarters
2015Year Founded
$59.7MTotal Funding
SERIES_BCompany Stage
Industrial & Manufacturing, AI & Machine LearningIndustries
51-200Employees

Risks

Reliance on Autodesk's Fusion 360 could pose risks if platform policies change.
Freemium model may not generate sufficient revenue if users don't convert to premium.
Expansion in Essex requires significant capital, risky if demand growth doesn't materialize.

Differentiation

CloudNC automates precision manufacturing, making it 10x more efficient and sustainable.
Their CAM Assist tool reduces production time from days to minutes.
CloudNC's AI-driven solutions align with the rise of Industry 4.0 technologies.

Upsides

CloudNC raised $45M from Autodesk and Lockheed Martin, boosting their growth potential.
The global CNC machine market is projected to reach $117.65 billion by 2027.
Increased demand for precision parts in aerospace and automotive industries benefits CloudNC.