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 startup financing, an 'angel funding round' involves raising capital from angel investors, who provide funding in exchange for equity. A startup CEO might share, 'We successfully closed our angel funding round, which will fuel our growth and product development.'
Practice Scenarios
Tech

Scenario:

Our current development goals require significant financial backing. Should we look into early-stage investment options?

Response:

An angel funding round sounds appropriate for our current state. We could use the investment for development and testing.

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.

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