Profile
Corporate information
Registration country
Registration country
Investment activity status
Active investor
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
Funding rounds
Series A GBP 9,000,000
(7 Jun 2018)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Atomico Ventures | United Kingdom | Led the round. | |
|
Backed VC | Seed stage venture capital firm. | Round participant. | |
|
Episode 1 Partners Ltd | Venture capital firm specialising in early stage investments in technology and information services. | United Kingdom | Round participant. |
|
Join Capital GmbH | Early stage venture capital firm investing in enterprise technology and industry 4.0 startups. | Germany | Round participant. |
|
La Famiglia GmbH | Germany | Round participant. | |
|
Entrepreneur First Investment Manager LLP | Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. | United Kingdom | Follow-on investment. Round participant. |
Grant GBP 240,000
(1 Oct 2017)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Innovate UK | United Kingdom | GBP 240,000 Follow-on investment. Led the round. |
(1 Apr 2017)
| Investor | 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. | United Kingdom | Round participant. |
Seed GBP 2,000,000
(1 Jul 2016)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Episode 1 Partners Ltd | Venture capital firm specialising in early stage investments in technology and information services. | United Kingdom | Led the round. |
|
Charlie Songhurst | Round participant. | ||
![[node:title] photo](/sites/default/files/styles/icon/public/default_images/icon-person.png?itok=8SSzz6Wf "[node:title] photo"){kind=icon}
|
Chris Liddell | Round participant. | ||
|
|
Join Capital GmbH | Early stage venture capital firm investing in enterprise technology and industry 4.0 startups. | Germany | Round participant. |
|
|
Nadav Rosenberg | Round participant. | ||
|
|
Nicolas Bergrggruen | Round participant. | ||
|
|
Richard Greer | Round participant. | ||
|
|
Siraj Khaliq | Round participant. | ||
|
|
Tim Jackson | Round participant. | ||
|
|
John Lazar |
Convertible Note GBP 150,000
(15 Mar 2016)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Chris Mairs | |||
|
|
Entrepreneur First Investment Manager LLP | Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. | United Kingdom | |
|
|
Joe White | |||
|
Wendy Tan White |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Atomico Ventures |
Series A | |
|
|
Backed VC Seed stage venture capital firm. |
Series A | |
|
|
Charlie Songhurst |
Convertible Note Seed |
|
|
|
Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. |
Convertible Note Seed Series A |
|
|
|
Episode 1 Partners Ltd Venture capital firm specialising in early stage investments in technology and information services. |
+44 (20) 7486-4841 |
Seed Series A |
|
|
Innovate UK |
Grant | |
|
|
Isomer Capital |
Seed | |
|
|
Join Capital GmbH Early stage venture capital firm investing in enterprise technology and industry 4.0 startups. |
+49 (30) 265 65607 |
Seed Series A |
|
|
La Famiglia GmbH |
+49 (176) 5685-3504 |
Series A |