Congratulations to our Runway East Shoreditch members CloudNC who have raised £9 million in Series A funding.

The AI software startup closed the round last week, led by European VC firm Atomico and participated by a number of other investors including Episode 1 and Entrepreneur First.

Cloud NC aim to halve the time and costs within manufacturing by developing software that automates the process of CNC milling machines. The breakthrough would mean less emphasis on mass production and a huge contribution towards machine-based manufacturing.

Well done and best of luck to CloudNC! Read more about the funding round on TechCrunch or visit CloudNC’s website, or see their founder Theo in action pitching CloudNC below!

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