On June 17, 2024, Princeton Nuenergy Inc. closed the transaction. The company has raised $30,000,000 in this transaction. The transaction was led by co-led by new investors, Samsung Venture Investment Corporation and Helium-3 Ventures Management Company, LLC.

The transaction included participation from returning investors, Wistron Corporation, Traxys North America LLC, Honda Motor Co., Ltd., SCG Chemicals Public Company Limited and LKQ Corporation. The company has received $3,600,000 in its fourth and final tranche. The company has raised over $55 million of funding till date.

The round got oversubscribed.