Meaning of the word "seed money" in English

What does "seed money" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

seed money

US /ˈsiːd ˌmʌn.i/
UK /ˈsiːd ˌmʌn.i/
"seed money" picture

Noun

1.

initial funding used to start a new venture or project

Example:
The startup received seed money from an angel investor.
They are looking for seed money to develop their new product.
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