On August 23, 2023, Cellares Corporation closed the transaction. The company received $255,000,000 in a round of funding led by new investor, Koch Disruptive Technologies, LLC. The transaction included participation from new investors, DFJ Growth Management, LLC, Willett Advisors LLC, Bristol-Myers Squibb Company, and returning investors, Decheng Capital LLC, Eclipse Ventures, LLC, and 8VC.

As a part of the transaction David Mauney, Managing Director at Koch Disruptive Technologies, LLC will join the company board of directors. The company has raised total over $355,000,000 in funding to the date.