On May 20, 2021, Cervest Limited closed the transaction. The transaction is led by new investor Draper Esprit plc (AIM:GROW). The transaction also included participation from 39 investors, including returning investors Astanor Ventures, Future Positive Capital SARL and Lowercarbon Capital LLC and new investors TIME Ventures and UNTITLED. The company has received $36.2 million in funding till date. Pursuant to the transaction Vinoth Jayakumar of Vinoth Jayakumar will join the board of directors of the company.