On November 29, 2022, Locus Robotics Corp. closed the transaction. The company has amended the terms of the transaction.

The company has issued 2,721,044 shares at an issue price of $42.9982 per share for gross proceeds of $116,999,994 in its Series F round co-led by new investors, Goldman Sachs Asset Management, L.P., G2VP II, LLC, and G2VP Opportunity Fund I, LP, a fund managed by G2VP, LLC and Stack Capital Group Inc. for $8,000,000. The transaction included participation from Next47 GmbH, Stafford Capital Partners Limited, Health Employees Superannuation Trust Australia, Newton Investment Management (North America) Limited, Gray's Creek Capital Advisors, LLC, SVB Financial Group, Hercules Capital, Inc., existing investors, Bond Capital Management LP, Scale Management, LLC, and new investor, SuRo Capital Corp. As part of the transaction, Mark Midle of Goldman Sachs Asset Management, L.P., and Zach Barasz of G2VP, LLC has joined the company's board of directors.

The company raised the proceeds of $116,999,994 pursuant to exemption provided under regulation D with participation from 25 investors.