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

Question

Quizplus · Accepted Answer

Seed money is the initial funding that a company receives to develop a new product or service. This stage typically involves developing a prototype or working model of the product, which can then be used to attract further investment in later rounds of financing. Therefore, seed money is the stage of venture capital financing that provides the funding needed to develop a working model of a new product.

Which Stage of Venture Capital Financing Provides the Funding Needed