On July 24, 2023, Gimo JSC closed the transaction. The company amended the terms of the transaction. The company raised $12 million in its second tranche bringing the total transaction size to $17.1 million.

The transaction included participation from returning investors Blauwpark Partners Pte. Ltd., Y Combinator, and new investors AlteriQ Global, George Kent (Malaysia) Berhad, Tkg Taekwang Can Tho Company Limited, and Genting Ventures. The company will issue Equity and Non-Convertible debt in the transaction.