Key Takeaways
- • Limitless Labs closed a $20 million Series A funding round co-led by Dell Technologies Capital and Square Peg Capital, with participation from Grove Ventures, Meron Capital, and Kinetica, bringing total capital raised to $27.3 million since its 2024 founding.
- • The company has developed the first Agentic Physical AI platform for CAD/CAM automation in mechanical manufacturing, enabling engineers to automate CNC programming within existing systems including Siemens NX CAM, Mastercam, and PTC Creo.
- • Limitless Labs' platform captures, standardizes, and scales the expertise of experienced programmers while maintaining full ITAR compliance and deployment flexibility across cloud, private VPC, and AWS GovCloud environments.
- • The Tel Aviv-headquartered company, founded by David Priev, Assaf Peleg, and Shahaf Finder, is expanding U.S. commercial operations to serve the global mechanical manufacturing sector.
Summary
Limitless Labs, formerly known as LimitlessCNC, announced a $20 million Series A funding round that reflects growing institutional interest in AI-driven automation for specialized manufacturing workflows. The round was co-led by Dell Technologies Capital and Square Peg Capital, two prominent investors in enterprise software and technology infrastructure. Additional support came from Grove Ventures, Meron Capital, and Kinetica, signaling multi-stakeholder confidence in the company's technical approach and market opportunity.
The company has developed what it describes as the world's first Agentic Physical AI platform targeting the CAD/CAM (computer-aided design/computer-aided manufacturing) segment. Rather than requiring engineers to adopt entirely new tools, Limitless Labs' Physical AI Foundation Model operates as an intelligent agent embedded within the CAM systems already deployed in manufacturing environments—including widely-used platforms from Siemens, Mastercam, and PTC. This design reduces friction in enterprise adoption by working within existing workflows rather than displacing them.
The platform's core value proposition centers on expertise transfer and standardization. By automating CNC (computer numerical control) programming, the agent captures the knowledge of a company's most experienced programmers and scales that expertise across engineering teams. This addresses a critical pain point in mechanical manufacturing: the loss of institutional knowledge when experienced technicians retire or transition roles, and the variability in programming quality across different operators.
Limitless Labs operates with enterprise-grade compliance and deployment flexibility. The platform supports ITAR (International Traffic in Arms Regulations) compliance, a requirement for defense and aerospace manufacturing, and can be deployed across cloud, private virtual private clouds, and AWS GovCloud environments. This infrastructure flexibility is strategically important for serving both commercial and government-regulated customers.
Founded in 2024 by David Priev, Assaf Peleg, and Shahaf Finder, the company is headquartered in Tel Aviv with expanding U.S. commercial operations. As of this funding announcement, Limitless Labs has raised $27.3 million in total venture capital, positioning it as an early-stage player in the emerging market for industrial AI and physical automation intelligence.
The company has developed what it describes as the world's first Agentic Physical AI platform targeting the CAD/CAM (computer-aided design/computer-aided manufacturing) segment. Rather than requiring engineers to adopt entirely new tools, Limitless Labs' Physical AI Foundation Model operates as an intelligent agent embedded within the CAM systems already deployed in manufacturing environments—including widely-used platforms from Siemens, Mastercam, and PTC. This design reduces friction in enterprise adoption by working within existing workflows rather than displacing them.
The platform's core value proposition centers on expertise transfer and standardization. By automating CNC (computer numerical control) programming, the agent captures the knowledge of a company's most experienced programmers and scales that expertise across engineering teams. This addresses a critical pain point in mechanical manufacturing: the loss of institutional knowledge when experienced technicians retire or transition roles, and the variability in programming quality across different operators.
Limitless Labs operates with enterprise-grade compliance and deployment flexibility. The platform supports ITAR (International Traffic in Arms Regulations) compliance, a requirement for defense and aerospace manufacturing, and can be deployed across cloud, private virtual private clouds, and AWS GovCloud environments. This infrastructure flexibility is strategically important for serving both commercial and government-regulated customers.
Founded in 2024 by David Priev, Assaf Peleg, and Shahaf Finder, the company is headquartered in Tel Aviv with expanding U.S. commercial operations. As of this funding announcement, Limitless Labs has raised $27.3 million in total venture capital, positioning it as an early-stage player in the emerging market for industrial AI and physical automation intelligence.
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