Lockheed Martin Ventures backs CloudNC's $20M round in AI-driven CNC machining

CloudNC, whose CAM Assist software automates CNC machining programming for over 1,000 machine shops — roughly 80% of them in the U.S. — raised a $20 million Series B extension on September 8, 2026, bringing total funding to $128 million. Lockheed Martin's venture arm joined the round, placing defense-industry capital behind AI-assisted precision manufacturing.