Address

CloudNC
London
United Kingdom

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KANDO id: 563631

Corporate information

Registration country

Company type

Researching and applying breakthrough AI methods to control milling machines.

Overview

CNC milling machines are at the heart of manufacturing with almost half a trillion dollars’ worth of components produced by them each year. Despite this, their software is in the dark ages. CloudNC are researching and applying breakthrough AI methods to control these machines automatically and more optimally than ever before, revolutionising how the things around us are made. Their mission is to make milling machines one click devices that can produce a part easily, efficiently and with minimal human intervention, effectively halving the cost of their use.



Funding rounds

Series A GBP 9,000,000


( )

Profile Country Notes
Atomico Ventures Led the round.
Backed VC Seed stage venture capital firm.
Episode 1 Partners Ltd Venture capital firm specialising in early stage investments in technology and information services.
JOIN Capital
La Famiglia GmbH
Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. Follow-on investment.

Grant GBP 240,000


( )

Profile Country Notes
Innovate UK GBP 240,000 Follow-on investment. Led the round.

Seed


( )

Profile Country Notes
Isomer Capital Led the round.
Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups.

Seed GBP 2,000,000


( )

Profile Country Notes
Episode 1 Partners Ltd Venture capital firm specialising in early stage investments in technology and information services. Led the round.
JOIN Capital
Charlie Songhurst Individual investor.
Chris Liddell Individual investor.
Nadav Rosenberg Individual investor.
Nicolas Bergruggen Individual investor.
Richard Greer Individual investor.
Siraj Khaliq Individual investor.
Tim Jackson Individual investor.
John Lazar Individual investor.

Convertible Note GBP 150,000


( )

Profile Country
Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups.
Wendy Tan White Individual investor.
Chris Mairs Individual investor.
Joe White Individual investor.

Grant GBP 100,000


( )

Profile Country Notes
Innovate UK GBP 100,000


Investment activity status
Active investor

Current team

Past employees

Selected Products / Customers

Financials