Divergent 3D, a Gardena, CA-based technology development and licensing company focused on the automotive sector, closed a $23m Series A funding.
The round was led by Horizons Ventures with participation from the company’s strategic partner, Altran, a large automotive and aerospace engineering services provider.
The company intends to use the funds to commercialize its hardware-software platform,
Led by Kevin Czinger, CEO, Divergent 3D provides the The Divergent Manufacturing Platform™, which enables automakers to design and build new cars through 3D printing, by lowering capital investment and production costs as well as the environmental impact of traditional capital-intensive factories.
The announcement follows the launch of a development and marketing partnership with Altran and a strategic partnership with European automaker PSA Group (Peugeot, Citroen & DS) to build full vehicle structures using Divergent 3D’s manufacturing platform.