British Factory Startup CloudNC Wins Autodesk, Lockheed Backing

UK startup CloudNC has clinched the backing of two large US firms, software company Autodesk Inc. and aerospace giant Lockheed Martin Corp., in a fresh funding round.

The London-based company that’s seeking to automate the manufacturing of everything from airplanes to personal electronics raised $45 million in the Autodesk-led funding round, according to CloudNC’s Chief Executive Officer and co-founder Theo Saville.