Tech Company Financing Transactions

CloudNC Funding Round

Autodesk, British Patient Capital and Lockheed Martin participated in a $45 million Series B venture round for CloudNC. The financing was announced on 6/21/2022.

Transaction Overview

Company Name
Announced On
6/21/2022
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Investors

Autodesk (Lead Investor) (Stephen Hooper)

British Patient Capital (Lead Investor)

Lockheed Martin (Lead Investor)

Atomico Ventures

Episode 1

Proceeds Purpose
The company will use the additional capital to further develop its SaaS offering and roll out at-scale through integrations with CAD/CAM packages such as Autodesk's platforms, and to expand its unique full-stack manufacturing capability in Essex, United Kingdom.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1 Norton Folgate, Spitalfields
London England, E1 6DB
UK
Email Address
Overview
Precision manufacturing is fundamental to every aspect of modern life - without it there are no cars, aircraft or ships. No mobile phones or computers. No houses or hospitals, no factories or power plants. No food. In the modern world virtually nothing that can be made without precision parts. And yet, the manufacturing industry has been slow to modernise and adopt the innovations that are shaping our future. It's inefficient and dirty. It needs to be disrupted.
Profile
CloudNC LinkedIn Company Profile
Social Media
CloudNC Company Twitter Account
Company News
CloudNC News
Facebook
CloudNC on Facebook
YouTube
CloudNC on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Theo Saville
  Theo Saville LinkedIn Profile  Theo Saville Twitter Account  Theo Saville News  Theo Saville on Facebook
Chief Operating Officer
Mark Duke
  Mark Duke LinkedIn Profile  Mark Duke Twitter Account  Mark Duke News  Mark Duke on Facebook
Chief Technical Officer
Christopher Emery
  Christopher Emery LinkedIn Profile  Christopher Emery Twitter Account  Christopher Emery News  Christopher Emery on Facebook


 

 

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Prev: 6/21/2022: Bardeen.ai venture capital transaction
Next: 6/21/2022: Neuron7 venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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