Divergent closes $230M Series D at about $1.47B post-money

Nov 13, 2023 · Funding · Divergent Technologies · Manufacturing

Divergent completed its $230 million Series D at an approximately $1.47 billion post-money valuation.

The round funded commercial scaling of Divergent's automated digital manufacturing stack across automotive, aerospace and defense production.

Divergent Technologies company media
Company media · Divergent Technologies
  • Hexagon AB led the round with a $100 million investment inside the $230 million total, not as an additive round.
  • Forge transaction data reports a $31.67 preferred-share price and an approximately $1.47 billion post-money valuation.
  • The capital supported commercialization of Divergent's digital manufacturing system across industrial and defense production.

Divergent Technologies develops DAPS, an end-to-end digital manufacturing platform for metal and multi-material structures. Its production stack is used across aerospace, defense and automotive programs, including rapid unmanned-aircraft prototype work with Lockheed Martin.