On April 18, 2023, Medi Whale Inc. closed the transaction. The company has received KRW 8,860,560,000 in it's second and final tranche led by returning investor SBI Investment Co., Ltd. and also included participation from new investor Woori Venture Partners Co., Ltd, returning investors BNK VENTURE CAPITAL Co., Ltd, Innopolis Partners LLC, IPS Ventures and new investors Mayo Clinic, Arizona State University, MedAxiom, Inc. and HeartX Fund, LLC. The company has issued common shares in the transaction.

The company has raised $12,000,000 (KRW 15,814,080,000) funding till date.