Vesper Technologies Inc. announced that it will issue 1,211,850 series B-1 preferred shares at issue price of $15.44036 per share for the gross proceeds $18,711,400.266 in funding in April 2021. The shares are convertible and non-redeemable. The shares will be convertible in common shares at a price of $15.44036 per share. The round will be raised at post money valuation of $137,162,740.

In April 2021, the company has received $8,000,000 in a round of funding led by existing investor, Applied Ventures, LLC. The transaction includes participation from existing investors, Accomplice Management LLC, Amazon Alexa Fund, a fund managed by Amazon.com Inc., Investment Arm, Bose Ventures and Sands Capital Ventures, LLC. The company has raised $65,000,000 in funding till date.