Divergent 3D announced its Series B financing is scheduled to close at $65 million, with an additional investor option of $40 million, bringing the aggregate funding to $107 million. Hong Kong-based investment holding company O Luxe Holdings Limited led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited, and Altran Technologies.
Launched in 2014 by Founder and CEO Kevin Czinger, Divergent’s patented, end-to-end, software-hardware solution incorporates 3D metal printing into the design, engineering, and manufacturing of advanced vehicle structures for the automotive and aerospace industries. According to the company, its proprietary Divergent Production System™ automates structural design and optimization for volume manufacturing of lightweight structures without upfront, capital-intensive factory and tooling investments.
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