Non-Dilutive Funding

Определение

Non-dilutive funding is capital that does not take equity: grants, revenue-based financing, venture debt (mostly), tax credits, and customer prepayments.

Как это возникает в процессе рейза

Founders layer non-dilutive sources onto equity rounds to extend runway without selling more of the company.

Часто задаваемые вопросы

What are common non-dilutive sources for startups?

Government innovation grants, R&D tax credits, revenue-based financing against recurring revenue, and venture debt alongside an equity round.

Is venture debt really non-dilutive?

Mostly: it usually includes small warrants, so it costs a sliver of equity rather than none.

Связанные термины

Примени этот термин

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