Kennametal invests in CAM AI software company

Cutting tool manufacturer Kennametal has made a strategic investment in Toolpath Labs, an emerging leader in AI-powered CAM software. The new partnership supports Kennametal’s growth initiatives to expand its suite of digital capabilities and offerings.

“This partnership represents another bold step in our digital transformation journey,” says Dr Carlonda Reilly, VP and CTO. “Toolpath’s platform amplifies our application engineering expertise through its intuitive, intelligent software. It’s a smart, scalable solution that brings the power of AI right to the shop floor in a practical and impactful way.”

Toolpath’s software integrates AI into the CAM process, optimising tool selection and tool-path strategies. The technology unlocks efficiency for customers and empowers them to overcome industry skill gaps by making advanced tool-path strategies and application engineering more accessible. The partnership will create new opportunities to co-develop and commercialise solutions that combine Toolpath’s AI-first approach with Kennametal’s tooling and application engineering expertise.

“Toolpath represents a compelling opportunity for us to extend what we do best – application expertise and advanced tooling – to a broader audience of customers,” says Dave Bersaglini, president of metal cutting at Kennametal. “Together, we’re building a bridge between human expertise and digital intelligence to deliver measurable performance improvements on the shop floor.”

Al Whatmough, CEO of Toolpath, adds: “Kennametal, a company with deep roots in American manufacturing, is an ideal partner for us not only because of its tooling expertise, but because of our deeply personal shared vision of empowering machinists and transforming the manufacturing world with practical AI. “Together, we’re combining advanced software with real-world application and machining knowledge.”

More information www.kennametal.com