On November 13, 2023, Divergent Technologies, Inc., the company that has invented, developed, and commercialized the world's first end-to-end digital industrial manufacturing system, announced 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. Wilson Sonsini Goodrich & Rosati advised Divergent on the transaction.

Divergent has created the world's first end-to-end software-hardware production system for industrial digital manufacturing—the Divergent Adaptive Production System (DAPS)—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.

The Wilson Sonsini team that advised Divergent on the transaction includes Adam Bloom, Tayler Tanner, M. Shin, Will Andrews, and Mackenzie Tobin.

For more information, please see Divergent’s press release.