On July 27, 2021,Psiquantum Corp. closed the transaction. The company received $449,999,997.2468 in a round of funding led by funds and accounts managed by BlackRock, Inc. The transaction included participation from new investors Blackbird Ventures, Temasek Holdings (Private) Limited and returning investors Baillie Gifford & Co. and M12 who are also the insiders of the company. The company has raised $665,000,000 in funding till date.