On January 30, 2024, Cultivo Land PBC closed the transaction. The company received $14,000,000 in a round of funding co-ed by new investors, MassMutual Ventures LLC and Octopus Renewables Ltd. The transaction included participation from new investors, Salkantay Partners and Peña Verde, S.A.B. The company has raised over $20 million in funding till date. The round is raised at post money valuation of $20,948,549.