On May 6, 2024, Inkbit Corp closed the transaction. The company has received $10,917,358.91 in its second and final tranche, bringing the total funds raised in the transaction to $19,000,000. 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 round is raised at a post-money valuation of $156,098,523.