What is Seed Funding?

You may have heard the word “seed funding” being used in the context of startups. But what on earth does it mean? And why do you need it? Seed funding refers to the initial funding required for a start-up.

This is the money that you need to raise at the very beginning, before anything has really started. If your business idea is to develop an app, the seed funding would be required to lay the foundations for creating the app.