3D production expands with non stop investments. Suprising automotive sector with Blade car, Divergent attracted interest by acquiring total 23 million dollars.
Developing world’s first functional 3D car with innovative technology, Divergent 3D draws industry’s attention. Supported by investors for developing process, the firm has a huge support from Horizaon Ventures as well.
The company will use the funding to help it commercialize its manufacturing platform, which
uses 3D printing to produce the chassis of an automobile. The platform produces 3D printed joints, which it calls a NODE technology, that can be connected with carbon fiber structural materials to build a strong and light chassis.
Kevin Czinger, CEO of Divergent 3D, said: “Divergent 3D is honored to have earned the confidence of Horizons Ventures, a world leader in innovation that recognizes the damage being generated by automotive manufacturing in China and around the world. This investment enables us to continue our strong momentum by providing resources and relationships to bring our automotive manufacturing technology to as many automakers as possible, especially in China. The time has come for a new model of decentralized car production that fosters pioneering car designs and lowers costs while alleviating environmental damage.”
The announcement follows the launch of a development and marketing partnership with global engineering firm Altran also an investor in the Series A round and a strategis partnership with leading European automaker PS Group to build full vehicle structures using Divergent’s manufacturing platform.