Additive Manufacturing Strategies

Divergent 3D Closes Series A Funding with $23 Million to Further 3D Printing Car Manufacturing Platform

ST Medical Devices

Share this Article

images-4-1After a Series A funding round led by technology venture capital fund Horizons Ventures, Divergent 3D is in the enviable position of having just received $23 million in investment funds. They state that they will be using this infusion of cash to commercialize their hardware/software platform, taking automotive manufacturing to the next level.

Divergent 3D announced a partnership last year with engineering and R&D services leader Altran, which also invested in this round of funding. The two companies are collaborating to accelerate the licensing of Divergent 3D’s automotive manufacturing platform. Last year, Divergent 3D also unveiled their 3D printed motorcycle, the Dagger, and showed off the fantastic, futuristic 3D printed cars of the future at CES 2017, earlier this month. The innovative company has also forged a partnership with Paris automotive manufacturer PSA Group, looking forward to numerous other high-tech projects.

The 3D printed Dagger (Photo: Divergent 3D)

The 3D printed Dagger [Photo: Divergent 3D]

Obviously proving their mettle already, it’s easy to see why companies would want to invest in Divergent 3D’s technology, which allows those manufacturing vehicles to do so much more affordably, and in an environmentally friendly manner. It’s a win all around as less capital is required, production costs are lower, and the result is 3D printed cars that are 50 percent lighter than conventional vehicles, and use less gas.

Divergent 3D, while embracing all the benefits that 3D printing has to offer, places enormous emphasis on the importance of considering the environment while manufacturing, pointing out that electric vehicles are certainly not as friendly to the environment as many would like to think (check out the video below).

“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,” said Kevin Czinger, CEO of Divergent 3D. “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 3D printed Blade (Photo: Divergent 3D)

The 3D printed Blade [Photo: Divergent 3D]

Inspired by the momentum of 3D printing with metal within many industries today, the Divergent 3D team realized that for creating cars the technology could allow them to offer better safety, much higher performance, fuel efficiency, and all with less impact to the environment. Their plan is to work with other companies around the world who can take advantage of what their manufacturing platform has to offer, as they see the opportunity to change the processes not only in the way cars are made but with exponentially lower cost. Manufacturers may be able to avoid spending billions on factories and see the bottom line lowered to more conservative millions with equipment, printing, and assembling. Ultimately, the Divergent 3D team hopes to see production of more high-volume vehicles.

Divergent 3D is headquartered in Los Angeles, now famous for their creation of the 3D printed ‘supercar,’ the Blade. Discuss in the Divergent 3D forum at 3DPB.com.

Share this Article


Recent News

Electronics 3D Printing: Analysis of Rogers Corp’s New Dielectric Material for AM

MakerBot Adds 3D Printing Filaments from LEHVOSS to METHOD 3D Printers



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Thought3D’s Inline Filament Dryer Could Save Your 3D Printing Filament

Many filaments are hygroscopic, absorbing moisture from the air. In a few days, your PLA filament will absorb enough air to become brittle. Nylon (polyamide) filaments will fill with air...

MakerBot METHOD X 3D Printer Receives GREENGUARD Certification for Clean Air System

This summer, MakerBot took a major step towards safety by introducing the smart Clean Air System for its METHOD and METHOD X 3D printers, which features a dual filtration system...

MakerBot Simplifies ABS 3D Printing with RapidRinse & ABS-R Materials

After working to make its METHOD and METHOD X 3D printers safer with the launch of its smart HEPA filtration system, Stratasys subsidiary MakerBot is now focused on making its...

Featured

Prusa Debuts Automated 3D Printing Farm: Implications & Analysis

Prusa Research announced that it is launching an automated print farm at Expo 2020 Dubai. Prusa Research is Josef Prusa’s firm, which has developed the most prevalent 3D printer line...


Shop

View our broad assortment of in house and third party products.