Which stage of venture capital financing provides the funding needed to develop a working model of a new product?

Question

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Seed money is the stage of venture capital financing that provides the initial funding needed to develop a working model of a new product or service. It typically occurs in the early stages of a company's development, when the business is still in the idea or concept phase. The purpose of seed money is to help entrepreneurs test their ideas, fine-tune their business plans, and prepare for the next stage of financing.

Which Stage of Venture Capital Financing Provides the Funding Needed