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Seed round

Early institutional or semi-institutional funding to find product–market fit and build the first real team. Size and shape vary wildly by city and year.

Related: Series A · Inversor ángel · Product–market fit (PMF) · Pre-seed

A bit more nuance
  • What counts as “seed” has inflated over time — focus on purpose, not labels.
  • Emerging-market seeds are often smaller in dollars but similar in job-to-be-done.
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Discussion questions
  • What milestone would prove you used seed capital well?
  • Would you rather raise more seed or rush to Series A — why?

Educational reference only — not legal, tax, or investment advice. Terms vary by country and deal; ask a qualified professional when it matters.