Toolpath Raises $20M to Accelerate Next-Gen Intelligent CNC Machining Innovation

Toolpath, a trailblazer in the distributed machining space, is excited to announce that it has raised $20,000,000 in its latest funding round. This impressive capital infusion underscores investor confidence in our mission to accelerate innovation by making it faster, easier, and more affordable to prototype and produce CNC machined parts. At its core, Toolpath is dedicated to transforming the machining landscape by providing an intelligent computer-aided manufacturing (CAM) software solution that automates the machining process. Starting with a digital design, our technology intelligently determines the most efficient machining process to bring parts to life on a CNC mill. This breakthrough approach not only streamlines production but also reduces costs, ultimately supporting the rapid development of pioneering products that have the potential to make a real-world impact. The new funding will be instrumental in further developing and refining our intelligent CAM software, enabling us to scale our operations and accelerate our product roadmap. By investing in state-of-the-art technology and expanding our talented engineering team, we aim to explore new opportunities for innovation and integrate emerging technologies that will redefine CNC machining processes. With this backing, Toolpath is poised to capture a larger share of the burgeoning distributed manufacturing market and empower businesses and innovators around the globe to transform their visions into high-quality, tangible prototypes and products. As we move forward, our commitment remains steadfast: to empower the next generation of creators, designers, and manufacturers with the tools they need to improve our world through smarter, faster, and more efficient production methods.