On May 15, 2023, Terramino, Inc. closed the transaction. The company received $30,000,000 total gross proceeds in the transaction. The company raised $1,210,001 in the final tranche.

The transaction was led by returning investor True Venture Management, LLC, included participation from new investors Pangaea Ventures Ltd., Monde Nissin Corporation, Top Tier Capital Partners, LLC, Alumni Ventures Group, LLC, The House Fund, LLC, Prosus Ventures N.V., Gaingels, LLC, Diamond Edge Ventures, Inc., Solasta Ventures, Inc, Hyphen Capital, Meach Cove Capital, returning investors IndieBio, and SOSV Investments LLC. The company has raised $50,000,000 funding till date