On November 15, 2023, SiLC Technologies, Inc. closed the transaction. The company received $25,000,000 total gross proceeds in the transaction. The transaction included participation from new investors Hokuyo Automatic Co., Ltd., Hankook & Company Co., Ltd., ROHM Co., Ltd., returning investors EPSON X Investment Corporation, Yamato Holdings Co., Ltd., UMC Capital, Sony Ventures Corporation, Dell Technologies Capital, Inc., and Alter Venture Partners.

The company received $6,500,003 in its second and final tranche closing.