On May 18, 2023, XL8 Inc. closed the transaction. The company has received $10,965,528 in the transaction. The transaction was led by new investor, KB Investment Co., Ltd., and included participation from returning investor, Atinum Investment Co., Ltd. The transaction included participation from 18 investors pursuant to exemption provided under Regulation D. The company has raised a total of $11,500,000 in funding till date.

The round is raised at a post-money valuation of $56,816,784.