Defense tech manufacturing startup Divergent valued at $2.3 billion

Divergent Technologies 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 production and develop more automated assembly systems to…