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CloudNC’s $20M B Extension: Four Years After Autodesk, $128M Lifetime Does Not Add
Nimble Ventures led a $20 million Series B extension for London CNC software company CloudNC, reported September 8, 2026. The last major print was a $45 million Autodesk-led Series B in June 2022 (~$78 million lifetime then). The CEO told TechCrunch lifetime capital is now $128 million. Valuation was not disclosed.
CloudNC closed a $20 million Series B extension, reported September 8, 2026. Nimble Ventures led. TechCrunch, CEO Theo Saville. This is not a new letter. The last major print was a $45 million Series B led by Autodesk on June 21, 2022. Valuation was not disclosed. Last verified September 9, 2026.
There is no Nimble Ventures /fund/ page here.
Five-minute decision
| If you need… | Verdict |
|---|---|
| What happened | Funded. $20M B extension, Sep 8. Nimble led. |
| Last priced print | $45M B, Jun 2022, Autodesk led. Four years earlier. |
| Lifetime capital | CEO: $128M now. Tech.eu in 2022: ~$78M then. $78M + $20M ≠ $128M. |
| Traction | CEO: 1,000+ shops; ~80% of customers in the US; 80 employees. No ARR. |
| Whether to diligence | Yes, if you underwrite CAM copilots for US reshoring. No, if you need a mark or a reconciled cap table. |
Investigate further when: a four-year extension with US-heavy usage is the question you actually have.
Wait or pass when: you need the missing ~$30 million of lifetime capital explained, or a post-money.
What closed
| Field | Detail |
|---|---|
| Company | CloudNC (cloudnc.com); London; founded 2015; CEO Theo Saville; CSO Chris Emery |
| Round | $20M Series B extension · TC dateline Sep 8, 2026 (Wednesday in the piece) |
| Lead | Nimble Ventures |
| Also in | Calculus Venture Capital; Entrepreneur First; LM Capital (Lockheed Martin) |
| 2022 B | $45M; Autodesk lead; Lockheed Martin, British Patient Capital, Atomico, Episode 1, QVentures (PR Newswire) |
| Product | CAM Assist inside Fusion / Mastercam. Quote Agent “next month” as of the interview — not shipped in that piece |
The $128 million line
Tech.eu said the 2022 B took lifetime capital to about $78 million. Add $20 million and you get about $98 million, not $128 million. Possible explanations (undisclosed later equity, debt, grants, different counting) were not given. Do not invent them. Do not treat $128 million as the size of this extension.
What remains undisclosed
Valuation. ARR. The lifetime-capital gap. Whether Autodesk or Atomico returned on the extension (not named in the TC investor list).
Related: CloudNC profile · Antioch sim · Hivebotics · September 9 index.
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