On February 17, 2021, Standard Cognition, Corp. closed the transaction. The company has issued 3,717,564 shares and received $149.999989.836 in funding led by new investor SoftBank Vision Fund 2, a fund managed by SoftBank Investment Advisers (UK) Limited. The transaction also included participation from returning investors Charles River Ventures, Inc., EQT Ventures, TI Platform Management, LLC, new investors SK Networks Company Limited (KOSE:A001740) and other investors. The company raised a total of above $1,000,000,000 in funding till date. The company raised $149,566,400 in funding pursuant to exemption provided under Regulation D from 13 investors.