On April 27, 2022, Sense Labs, Inc. closed the transaction. The company has received $105,000,000 in its series C round of funding led by new investor Blue Earth Capital AG. The transaction included participation from overall fourteen investors, including new investors TELUS Ventures, My Climate Journey Collective, existing investors Schneider Electric S.E., Energy Impact Partners LLC, Prelude Ventures, LLC and iRobot Ventures.

The company has raised nearly $157,000,000 in funding till date. The company has received $88,112,766 pursuant to exemption provided under Regulation D. As a part of the transaction, Citigroup Global Markets Inc. acted as finder and received finders' fee of $3,695,250 in the transaction.