On May 6, 2024, Inkbit Corporation closed the transaction. The company has announced that it has amended the terms of the transaction and has now received $19,000,000 in the transaction. As of the same date, the company has received $10,917,359 in its second and final tranche.

The transaction was led by new investor, Ingersoll Rand Inc., and also included participation from new investors, Future Labs Capital, GC Ventures America, iGlobe Partners Pte. Ltd., Zeon Ventures, returning investors, Ocado Innovation Limited, Phoenix Venture Partners LLC, Stratasys Ltd., and other private investors. As part of the transaction, Jason Weber and Henry Ford III will join the company's board of directors.

The transaction included participation from 14 investors pursuant to exemption provided under Regulation D.