funding-round

Vocabulary Word

Definition

'Funding round' refers to a purposeful event where a company seeks to raise capital from investors. This fund can be used for growth, operating expenses or other business needs.

Examples in Different Contexts

In startup financing, a 'funding round' involves gathering financial investments from various sources to support a startup's early stages or expansion. A startup CEO might note, 'Our recent funding round was a success, allowing us to expand our market presence and R&D efforts.'

Practice Scenarios

Startup

Scenario:

I just received the cost estimate for our expansion strategy. It appears we might need external financial backing.

Response:

You're right; we might need to kick-off a funding round soon to secure the necessary capital for the expansion.

Tech

Scenario:

The beta trials have yielded encouraging feedback. We can start planning the development of the full-scale version.

Response:

Given the feedback, I suggest we initiate a funding round to support the development of a full-scale version.