venturefunding
nounUK /ˈvɛntʃə ˈfʌndɪŋ/
US /ˈvɛntʃər ˈfʌndɪŋ/
Money given to a new business to help it grow.
The startup used venturefunding to hire its first team.
RELATED WORDS
OTHER MEANINGS
2. The act of raising money for a risky new project.
Their venturefunding took months of meetings with investors.
3. A pool of money set aside by a firm to invest in young companies.
The venturefunding was split among five promising startups.
4. Financial support from wealthy backers for an untested idea.
Without venturefunding, the invention might never have reached stores.