Seed funding is the initial capital raised by a startup to develop its business idea and bring it to market. This funding typically comes from angel investors, venture capitalists, or crowdfunding platforms, and is crucial for covering early expenses such as product development and market research.
The amount raised during seed funding can vary widely, but it often ranges from tens of thousands to a few million dollars. This investment helps startups validate their business model and attract further investment in later stages, such as Series A funding, to scale their operations and grow their customer base.