LimitlessCNC Secures $4.1M to Automate CNC Machining with AI
LimitlessCNC, an AI-driven manufacturing startup, has emerged from stealth with a $4.1 million seed round led by Grove Ventures and Meron Capital, announced in a press release. The company is developing AI agents to automate CNC (computer numerical control) machining, a trillion-dollar industry currently facing labor shortages.
The startup's technology leverages physics-based AI to optimize machining processes, significantly reducing CNC programming time by up to 80%. This innovation addresses the industry's reliance on skilled machinists, whose numbers are dwindling due to the declining popularity of manufacturing careers.
Founded by David Priev, Assaf Peleg, and Shahaf Finder, LimitlessCNC aims to integrate its AI-powered platform with existing CAM software, allowing manufacturers to adopt the technology without extensive retraining. The company has already deployed its solution at a Tier-1 Western manufacturer, resulting in notable reductions in programming time and faster delivery to customers.
With a team of 15 employees, LimitlessCNC plans to expand its R&D capabilities and global market reach, targeting industries such as automotive, aerospace, and defense. The company is poised to transform manufacturing by enabling factories to operate efficiently amid a shrinking workforce of skilled machinists.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish like Robotics Brief.
Also, consider following us on social media:
More from: Funding
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
Market report
Superagency in the Workplace: Empowering People to Unlock AI’s Full Potential
This report explores the transformative potential of artificial intelligence in the workplace, emphasizing the readiness of employees versus the slower adaptation of leadership. It highlights the significant productivity growth potential AI offers, akin to historical technological shifts, and discusses the barriers to achieving AI maturity within organizations. The report also examines the role of leadership in steering companies towards effective AI integration and the need for strategic investments to harness AI's full capabilities.
Read more