Early-stage meaning

Financing provided by a venture capital firm to a company after it has received its initial, or seed, financing. At this early stage, the company has a product or service that it is testing or still developing, but it isn’t completely ready to go to market. In some cases, the product may be commercially available in a limited manner but not yet generating revenue. Typically, a company that receives early stage financing has been in business for less than three years.
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