Divergence

New Report Finds 70% of PK-6 Teachers Believe Edtech Does Not Meet the Needs of Early Learners

Retrieved on: 
Wednesday, January 10, 2024

SAN FRANCISCO, Jan. 10, 2024 /PRNewswire/ -- Seesaw, the global Learning Experience Platform designed for PK-6, today published Context Is Everything: Reimagining Edtech for Early Learners, a new report presenting insights from educators, thought leaders, and researchers on the role of edtech in elementary classrooms.

Key Points: 
  • While edtech plays an increasingly important role in classrooms, the report spotlights the need for edtech tools designed for the types of learning experiences that educators, researchers and parents want for elementary students.
  • In particular, based on a survey conducted for the report, over 70% of PK-6 teachers reported that the edtech tools they use in the classroom don't adequately meet the needs of early learners.
  • "The report highlights the mismatch between the needs of elementary classrooms and edtech tools, like Learning Management Systems, that were originally developed for older learners.
  • "A partnership [between parents and teachers] really makes sense in those early years when there are usually fewer teachers," said Michelle Kang.

Angeles Equity Partners Adds Ursula Ster to Operating Team

Retrieved on: 
Tuesday, November 14, 2023

Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Ursula Ster has been named as an operating partner, finance at Angeles Operations Group.

Key Points: 
  • Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, today announced Ursula Ster has been named as an operating partner, finance at Angeles Operations Group.
  • Angeles is a specialist lower middle-market private equity investment firm with a consistent approach that seeks to transform underperforming industrial businesses.
  • As an operating partner, finance in Angeles’ affiliated operations group, Ster is responsible for the evaluation and due diligence of new investment opportunities, developing and executing value creation plans, and providing finance leadership and oversight across Angeles portfolio companies.
  • “Ursula is an exceptionally talented finance professional that will complement and extend the capabilities of the Angeles Operations Group,” said Tim Meyer and Jordan Katz , co-founders and managing partners of Angeles Equity Partners.

Divergent Technologies, Inc. Announces Closing of Upsized $230 Million Series D Capital Raise

Retrieved on: 
Monday, November 13, 2023

LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Divergent Technologies, Inc. ("Divergent"), the company that has invented, developed, and commercialized the world's first end-to-end digital industrial manufacturing system, announced today that it has completed a Series D equity financing totaling $230 million. The round was led by a $100 million investment from Hexagon AB and included participation from new and existing institutional and family office investors.

Key Points: 
  • The round was led by a $100 million investment from Hexagon AB and included participation from new and existing institutional and family office investors.
  • Divergent has developed the Divergent Adaptive Production System ("DAPS™"), an end-to-end system-level replacement for traditional design, manufacturing, and assembly solutions.
  • Within the aerospace and defense industry, Divergent is actively working with six U.S. government contractors across a diverse range of applications.
  • Divergent is on a mission to rebuild the American industrial base with a truly transformational manufacturing technology."

Divergent Technologies, Inc. Announces Closing of Upsized $230 Million Series D Capital Raise

Retrieved on: 
Monday, November 13, 2023

LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Divergent Technologies, Inc. ("Divergent"), the company that has invented, developed, and commercialized the world's first end-to-end digital industrial manufacturing system, announced today that it has completed a Series D equity financing totaling $230 million. The round was led by a $100 million investment from Hexagon AB and included participation from new and existing institutional and family office investors.

Key Points: 
  • The round was led by a $100 million investment from Hexagon AB and included participation from new and existing institutional and family office investors.
  • Divergent has developed the Divergent Adaptive Production System ("DAPS™"), an end-to-end system-level replacement for traditional design, manufacturing, and assembly solutions.
  • Within the aerospace and defense industry, Divergent is actively working with six U.S. government contractors across a diverse range of applications.
  • Divergent is on a mission to rebuild the American industrial base with a truly transformational manufacturing technology."

nLIGHT to Host Metal Additive Manufacturing Expert Forum at Formnext featuring Leading Figures from Industry and Academia

Retrieved on: 
Thursday, November 2, 2023

nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, will co-host a series of daily expert panels during the annual additive manufacturing exposition, Formnext, in Frankfurt, Germany.

Key Points: 
  • nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, will co-host a series of daily expert panels during the annual additive manufacturing exposition, Formnext, in Frankfurt, Germany.
  • Hosted in conjunction with Optoprim GmbH, the panels will feature esteemed industry speakers from Velo3D, EOS, Divergent, DMG Mori, AMCM, Amaero, and Aconity3D.
  • “The event was designed to bring experts in laser powder bed fusion together to explore the next frontier for metal additive manufacturing,” said Robert Martinsen, Chief Technology Officer of nLIGHT.
  • “The topics have been selected to address recent breakthroughs to some of the most pressing challenges in metal additive manufacturing, and we invite all Formnext attendees to participate in thought provoking Q&A with the panelists.”
    The panels will be hosted daily at the nLIGHT booth, 12.0, D19:
    Tuesday, Nov 7, 2pm: Mastering Hard-to-Print Materials & Geometries, moderated by Tim Lantzsch, Fraunhofer ILT
    Wednesday, Nov 8, 2pm: L-PBF Economics and Disruptive Roadmaps, moderated by Danny Piper, NewCap Partners

Sigma Additive Solutions Announces Signing of Definitive Agreement for NextTrip Acquisition

Retrieved on: 
Friday, October 13, 2023

Sigma Additive Solutions, Inc. (NASDAQ:SASI) ("Sigma", "we," "our," or the "Company"), a provider of quality assurance software to the commercial 3D printing industry, today announced the signing of a definitive agreement (the “Agreement”) for the acquisition of NextTrip Holdings, Inc., a travel technology company based in Sunrise, Florida (“NextTrip”).

Key Points: 
  • Sigma Additive Solutions, Inc. (NASDAQ:SASI) ("Sigma", "we," "our," or the "Company"), a provider of quality assurance software to the commercial 3D printing industry, today announced the signing of a definitive agreement (the “Agreement”) for the acquisition of NextTrip Holdings, Inc., a travel technology company based in Sunrise, Florida (“NextTrip”).
  • Based on an analysis by Sigma’s financial advisors, NextTrip has an implied enterprise valuation of approximately $50 million.
  • Until the NextTrip transaction closes, Sigma Additive Solutions and NextTrip will remain separate, independent companies and will continue to operate as such.
  • The core software will be seamlessly applied to our additive manufacturing module and will further enhance Divergent’s industry leading additive manufacturing quality management system.

DIVERGENT TECHNOLOGIES, INC. ANNOUNCES ACQUISITION OF ALL SOFTWARE AND INTELLECTUAL PROPERTY FROM SIGMA ADDITIVE SOLUTIONS, INC.

Retrieved on: 
Friday, October 13, 2023

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Divergent Technologies, Inc. (Divergent), inventor of the Divergent Adaptive Production System (DAPS™) and parent company of the performance automotive company CZV, Inc. (Czinger Vehicles) announced today that it has entered into an agreement to purchase from Sigma Additive Solutions, Inc. (Sigma) all of its in-process quality assurance technology suite assets, including all associated software and intellectual property. Sigma is a leading provider of in-process quality assurance solutions to the additive manufacturing industry. The acquisition of this technology by Divergent will further enhance the efficiency and quality control of DAPS while strengthening the company's IP coverage in the critical technology area of in-process monitoring.

Key Points: 
  • Sigma is a leading provider of in-process quality assurance solutions to the additive manufacturing industry.
  • DAPS – invented and developed by Divergent – is a complete software-hardware production system created to replace traditional design and manufacturing solutions.
  • The core software will be seamlessly applied to our additive manufacturing module and will further enhance Divergent's industry leading additive manufacturing quality management system.
  • This is a significant step forward for digital manufacturing quality" added Jacob Brunsberg, CEO of Sigma Additive Solutions.

NFP Acquires Divergent Wealth Advisors, LLC, Expanding its Wealth Management and Retirement Capabilities and Broadening its Reach in the Western US

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, today announced it has acquired Divergent Wealth Advisors, LLC (Divergent). Based in South Jordan, Utah, Divergent is an independent registered investment advisor that focuses on holistic wealth management solutions and retirement planning. Divergent cofounders Jordan Collins and Brady Ririe will join NFP and report to Jeff Scott, senior vice president, Retirement.

Key Points: 
  • Based in South Jordan, Utah, Divergent is an independent registered investment advisor that focuses on holistic wealth management solutions and retirement planning.
  • Divergent cofounders Jordan Collins and Brady Ririe will join NFP and report to Jeff Scott, senior vice president, Retirement.
  • "We're expanding our wealth management and retirement plan capabilities, while increasing our presence in the fast-growing Western US.
  • "We know our clients have needs beyond wealth management and retirement, and as part of NFP we have a great opportunity to introduce a breadth of solutions that addresses these needs."

ALPFA National Convention 2023 to Amplify Culture, Community, and Career Development for Latino Students and Professionals to Foster Authentic Leaders

Retrieved on: 
Monday, May 8, 2023

This year's convention is expected to be attended by over 4,000 students, professionals, and leaders.

Key Points: 
  • This year's convention is expected to be attended by over 4,000 students, professionals, and leaders.
  • The four-day gathering will offer attendees professional and leadership development through sessions and workshops, signature events, career fair, and award ceremonies.
  • "This is the beginning of the next 50 years for ALPFA and my 21st ALPFA Convention in a row.
  • The ALPFA 2023 National Convention is sponsored by Moodys, Deloitte, Google, Bank of America and many more.