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
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| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
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Atomico Ventures | Led the round. | ||
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Backed VC | Seed stage venture capital firm. | ||
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Episode 1 Partners Ltd | Venture capital firm specialising in early stage investments in technology and information services. | ||
![[current-page:title] logo](/sites/default/files/styles/icon/public/default_images/_no-logo.png?itok=AH4pbDYM){kind=icon}
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JOIN Capital | |||
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La Famiglia GmbH | |||
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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
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
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Innovate UK | GBP 240,000 Follow-on investment. Led the round. |
Seed
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| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
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Isomer Capital | Led the round. | ||
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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
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
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Episode 1 Partners Ltd | Venture capital firm specialising in early stage investments in technology and information services. | Led the round. | |
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JOIN Capital | |||
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Charlie Songhurst | Individual investor. | ||
| Chris Liddell | Individual investor. | |||
| Nadav Rosenberg | Individual investor. | |||
| Nicolas Bergrggruen | Individual investor. | |||
| Richard Greer | Individual investor. | |||
| Siraj Khaliq | Individual investor. | |||
| Tim Jackson | Individual investor. | |||
| John Lazar | Individual investor. |
Convertible Note GBP 150,000
( )
| Investor | Profile | Country | |
|---|---|---|---|
|
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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. |
Investment activity status
Active investor