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Defense Tech Manufacturing Startup Divergent Valued at $2.3 Billion

Divergent Technologies Inc. notched a $2.3 billion valuation in a new funding round as the startup expands its work for US weapons companies — making it the the latest tech company to attract investor attention while aiming to bolster the country’s military arsenal.The advanced manufacturing company raised $290 million in the round, $40 million of which is debt, in a deal lead by Rochefort Asset Management. The cash infusion will allow the company to expand its digital design operations, boost p...

Read more at bloomberg.com

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