Divergent Adds $230 Million in Funding

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

Divergent has developed the Divergent Adaptive Production System "DAPS), an end-to-end system-level replacement for traditional design, manufacturing and assembly solutions. DAPS is a complete software-hardware production system that leverages in-house developed, AI-driven generative design software to computationally engineer structures, novel materials and additive manufacturing to materialize structures, and automated fixtureless assembly to create large multi-part assemblies. Products created using DAPS are superior in performance, lower in cost, rapidly customizable to meet mission and customer-specific requirements, faster to market and scalable on demand to high volume production, the company says. 

Divergent uses this system to supply the automotive, aerospace and defense industries with products as a certified Tier 1 supplier. It has seven blue-chip automotive customers, including Aston Martin Lagonda Global Holdings PLC and Mercedes-AMG GmbH. Within the aerospace and defense industry, Divergent is actively working with six United States government contractors across a diverse range of applications, the company says. 

"DAPS was created to serve as the foundation for a global system of regional manufacturing facilities that combine and fully exploit supercomputing, AI, robotics and additive manufacturing in a novel way," says Kevin Czinger, founder, lead inventor and CEO. "We now have entered the '4D Age' of fully digitized design-manufacturing-assembly as a service, dematerialized products using and requiring less material and energy, distributed regional production, and democratized access to the tools, data and production assets necessary for innovation in our human-built world."