SLM Solutions

Assembly Line

Divergent Secures Up to $80M in New Financing for 3D Printed Car Operations

Date:

Topics: Funding Event

Organizations: Divergent, SLM Solutions

3D printed supercar startup Divergent Technologies announced that it has successfully completed two new financing agreements, for a total of up to $80 million. This follows the Southern California-based company’s $160 million Series C investment round, announced in April of this year.

This signals financial faith being shown not just in the AM sector, but, more broadly, in the technology’s ability to deliver wholly automated production lines. That has significance far beyond its implications for one company, as it is precisely what AM will have to display it can achieve, in order for the industry to scale up to the point where it is capable of handling mass production.

Read more at 3DPrint.com