On July 15, 2021, Genvid Technologies, Inc. closed the transaction. The company has received $3,499,992 in its second tranche bringing the total funds raised in the transaction to $113,000,000 co-led by returning investors, Valor Management Corp. and Atreides Management, LP. The transaction also included participation from new investors, Third Point Ventures L.P., Cobalt Capital, LightShed Ventures, XN Capital, Lux Capital Management, LLC, returning investors, Galaxy Interactive, Horizons Ventures Limited, OCA Venture Partners, LLC through its new growth equity fund, Makers Fund, HUYA Inc., NTT Docomo Ventures, Inc. and Samsung Venture Investment Corporation. The company has raised a total of $166,000,000 in funding till date.