A growing firm seeks $30 million to develop and market its promising new technology.An institutional venture capital fund steps in with an $8 million initial investment.This is an example of

Question

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Staged financing involves providing funding in multiple stages or rounds. In this scenario, the institutional venture capital fund has provided an initial investment of $8 million, implying that there may be further rounds of funding to come to reach the total amount of $30 million needed. This approach is common for startups and high-growth companies as they may need multiple rounds of funding to reach their growth objectives.

A Growing Firm Seeks $30 Million to Develop and Market