CloudNC

CloudNC

AI tool automating Computer-Aided Manufacturing

About

CloudNC operates in the precision manufacturing sector, 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 improve the manufacturing industry by making it more efficient, reliable, and accessible, leveraging eight years of development by a skilled team in computer science and manufacturing.

Company Stage

Series B

Employees

51-200

Industries

Industrial & Manufacturing, AI & Machine Learning

Total Funding

$59.7M

Headquarters

London, United Kingdom

Founded

2015


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Simplify's Take

What believers are saying

  • CloudNC's recent $45M funding round supports expansion and product development.
  • The rise of Industry 4.0 technologies enhances CloudNC's data-driven manufacturing solutions.
  • Growing demand for sustainable practices aligns with CloudNC's mission for a cleaner industrial revolution.

What critics are saying

  • Reliance on Autodesk's Fusion 360 could pose risks if platform policies change.
  • Intensifying competition in AI-driven manufacturing may impact CloudNC's market share.
  • CloudNC's freemium model may struggle if users don't convert to paid features.

What makes CloudNC unique

  • CloudNC's CAM Assist automates tedious CAM processes, enhancing efficiency in precision manufacturing.
  • The company's focus on sustainable manufacturing aligns with global environmental trends.
  • CloudNC's partnerships with industry leaders like Autodesk and Lockheed Martin bolster its credibility.

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Growth & Insights
Headcount

6 month growth

↑ 7%

1 year growth

↑ 6%

2 year growth

↑ 20%

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