PT Xurya Daya Indonesia announced that it will receive a round of funding in December 2021. On the same date the company received IDR 308,000,000,000 in its first tranche closing co-led by existing investor growth fund of East Ventures Pte. Ltd., new investor PT Saratoga Investama Sedaya Tbk.

The transaction also included participation from existing investors Schneider Electric S.E. and Indonesia 1 Fund, a fund of New Energy Nexus, LLC. As part of transaction the company issued common shares for $11,500,000 (IDR 164,744,186,047) and entered into convertible note agreement for $10,000,000 (IDR 143,255,813,953).