angel-funding-round

Vocabulary Word

Definition

'Angel funding round' is a phase where a young company raises capital from individuals known as 'angel investors.' It's kind of like getting financial support from a wealthy friend for your next big idea.

Examples in Different Contexts

In entrepreneurship, securing an 'angel funding round' is a crucial step for early-stage startups to get the financial backing needed to scale. An entrepreneur might say, 'Our angel funding round attracted seasoned investors interested in our innovative technology.'

Practice Scenarios

Impact

Scenario:

We have a solid plan and promising innovation, but we need an urgent infusion of capital. How shall we proceed?

Response:

Considering an angel funding round would allow us to source the funds and accelerate our mission.

Business

Scenario:

We need to raise fundings to develop our product and to gain some solid market traction.

Response:

Initiating an angel funding round could enable us to develop our product further and stand out in the market.