Divergent has developed the world's first end-to-end software-hardware production system for industrial digital manufacturing, known as the Divergent Adaptive Production System (DAPS™). This innovative system enables customers to design, additively manufacture, and automatically assemble complex structures for various applications including automotive, aerospace, and defense. DAPS is set to revolutionize the economics and environmental impact of manufacturing complex structures for vehicles by optimizing designs, dematerializing structures, and eliminating upfront capex. Founded in 2013 and headquartered in the United States, Divergent recently secured a substantial $230.00M Series D investment on 13 November 2023. The investment was led by prominent backers including Alumni Ventures Blockchain Fund, John L. Thornton, David Beirne, Hexagon, and Tom Steyer. This significant funding underscores the growing confidence in Divergent's pioneering approach to industrial digital manufacturing, positioning the company for further growth and impact in the global market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $47.00M | 1 | 27 Jun 2024 | |
Series D | $230.00M | 6 | Tom Steyer, John L. Thornton +3 | 13 Nov 2023 |
Corporate Round | $100.00M | 1 | Hexagon | 16 Dec 2022 |
Debt Financing | $80.00M | 2 | 07 Jul 2022 | |
Series C | $160.00M | 4 | Tom Steyer, John L. Thornton +2 | 25 Apr 2022 |
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