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Divergent Technologies, Inc. Announces Closing Of Upsized $230 Million Series D Capital Raise

PRIVATENov 13, 2023

Amount Raised

$230 Million

Round Type

Series D

TorranceManufacturingSoftwareinformation technology & services

Investors

Hexagon AB

Description

Divergent Technologies, Inc. ("Divergent"), 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.

Quick answer

Divergent raised $230 Million in a Series D round, dated November 13, 2023. Investors: Hexagon AB. Divergent is based in Torrance, California, United States.

How much did Divergent raise?
Divergent raised $230 Million in a Series D round on November 13, 2023.
Who invested in Divergent?
Hexagon AB is named as investors in this round.
What does Divergent do?
Divergent has created the world's first end-to-end software-hardware production system for industrial digital manufacturing – the Divergent Adaptive Production System (DAPSTM) – allowing customers to design, additively..
Where is Divergent based and how big is it?
Divergent is based in Torrance, California, United States. Fundz records about 330 employees.
Who are the decision-makers at Divergent?
Fundz holds 3 contacts at Divergent, including the Founder, Lead Inventor & Executive Chairman. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Manufacturing around the same time

Companies in the same sectors as Divergent that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $86M on December 11, 2023.
  • Keychain raised $18M (Funding Round) on November 14, 2023.
  • Natron Energy raised $189M on December 28, 2023.
  • Parry Labs raised $91M on December 22, 2023.
  • Luna Innovations Incorporated raised $50M (Corporate Round) on December 21, 2023.
  • Luna Innovations Incorporated raised $50M on December 21, 2023.

Who to call at Divergent, and when

A new round usually means Divergent is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Divergent raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

Divergent

Location

19601 Hamilton Avenue

Torrance, California, United States

About

Divergent has created the world's first end-to-end software-hardware production system for industrial digital manufacturing – the Divergent Adaptive Production System (DAPSTM) – allowing customers to design, additively manufacture, and automatically assemble complex structures for automotive, aerospace, and defense applications. DAPS transforms the economics and environmental impact of manufacturing complex structures for vehicles of all types by optimizing designs, dematerializing structures, and eliminating upfront capex.

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Related People

3 contacts
Verified contactsKevin C., Founder, Lead Inventor & Executive Chai… hidden hidden hiddenSee plans and pricing
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Divergent raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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