⚡Funding Brief⚡ CloudNC announced on September 9 that it has raised $20 million in new investment capital. Nimble Ventures led the round, with Calculus Venture Capital, Entrepreneur First and LM Ventures, Lockheed Martin's venture capital fund, also participating. The company said the capital will support wider adoption of CAM Assist, expansion into existing and new markets, stronger go-to-market operations, and new products including Quote Agent. CAM Assist uses AI to help generate CNC machining strategies and toolpaths, with machinists reviewing and approving the output. CloudNC says more than 1,000 machine shops now use CAM Assist globally. TechCrunch described the financing as a Series B extension and reported that the round brings CloudNC's lifetime funding to $128 million. Those round-label and cumulative-funding details come from the media report rather than CloudNC's own announcement. The disclosed plan ties the financing to extending AI further across the machining workflow, from programming production jobs to quoting and estimating new work. Source: CloudNC / TechCrunch, 2026-09-09