On October 6, 2020, SAS nsect closed the transaction. The company amended the terms of the transaction and has received 55,274,050 ($65,000,000) in its second and final tranche equity closing. The tranche was led by Astanor Ventures and included participation from new investors Upfront Ventures, FootPrint Coalition, Supernova Invest, Armat Group S.A., and existing investor Happiness Capital.
The company has received a total of 165,274,050 in the transaction. The company has raised a total of 361,407,250 ($425,000,000) in funding till date.