On August 26, 2025, OpenLight Photonics, Inc. closed the transaction. The company has received $34,000,000 in a round of funding co-led by new investors, Xora Innovation Pte. Ltd. and Capricorn Investment Group LLC.

The transaction also included participation from new investors, Mayfield Fund, L.L.C., Lam Research Capital, New Legacy Group, LLC, K2 Access Fund and returning investor, Juniper Networks, Inc. The company has received $3,450,000 from 4 investors pursuant to exemption provided under Regulation D. the company has received $30,550,000 in its second and final tranche.