Tech Company Financing Transactions
Divergent Technologies Funding Round
Hexagon participated in a $100 million funding round for Divergent Technologies. The funding round was announced by the company on 12/16/2022.
Transaction Overview
Company Name
Announced On
12/16/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Hexagon (Lead Investor)
Proceeds Purpose
This significant investment will allow us to accelerate our plans to build a global network of DAPS factories.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
19601 South Hamilton Ave
Gardena Torrance, CA 90502
USA
Gardena Torrance, CA 90502
USA
Phone
Undisclosed
Website
Email Address
Overview
Divergent has invented a complete manufacturing solution to address system level challenges. The Divergent Adaptive Production System (DAPS) is a complete software hardware solution designed to replace traditional vehicle manufacturing. To make the complex simple, it is a complete modular digital factory for complex structures. Given a set of digital requirements as input, the machine automatically computationally engineers, additively manufactures, and assembles any complex structure. The system is able to move seamlessly between manufacturing different vehicle models.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Czinge
Chief Financial Officer
Ursula Ster
Chief Technical Officer
Michael Kenworthy
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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