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.
“Divergent has a mission to rebuild the American industrial base with a truly transformative production technology”
DAPS was created to serve as the foundation for a global system of regional production facilities that combine and fully utilise supercomputing, artificial intelligence, robotics and additive manufacturing in a new way. We have now entered the ‘4D Age’ of fully digitised design-manufacturing-assembly-as-a-service, dematerialised products that use and require less materials and energy, distributed regional manufacturing and democratised access to the tools, data and production assets necessary for innovation.Kevin Czinger, Founder, Chief Inventor and CEO
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.
DAPS enables customers to develop higher-performance products on faster timelines and with zero design-specific capital expenditure. It also frees manufacturers from the burden of legacy design decisions. Divergent has a mission to rebuild the American industrial base with a truly transformative manufacturing technology.Lukas Czinger, President and Chief Operating Officer