Divergent Technologies Receives $230 Million Investment

Divergent Technologies, Inc., the company that invented, developed and commercialised the world's first end-to-end digital industrial manufacturing system, has completed a Series D equity financing totalling $230 million. The round was led by a $100 million investment from Hexagon AB. It included participation from new and existing institutional and family office investors.

Also See: Tunga Games Receives Investment from Founder One

"Divergent has a mission to rebuild the American industrial base with a truly transformative production technology"

What do we know about Divergent? Divergent has developed the Divergent Adaptive Production System ("DAPS), which replaces traditional design, manufacturing and assembly solutions at an end-to-end system level. DAPS is a complete software-hardware manufacturing system that leverages in-house developed AI-driven generative design software to computationally design structures, new materials and additive manufacturing to bring structures to life, and automated fixtureless assembly to create large multi-part assemblies.

Products created using DAPS are superior in performance. They cost less, can be rapidly customised to meet mission and customer-specific requirements, can be brought to market faster and can be scaled to high-volume production on demand. It uses this revolutionary system to provide next-generation products as a certified Tier 1 supplier to the automotive, aerospace and defence industries. It has seven world-class automotive customers, including Aston Martin and Mercedes-AMG. In the aerospace and defence industry, Divergent is actively working with six US government contractors in various applications.