Second
Seed Round: typically raising between £500,000 and £2,000,000
Suitable
for businesses who have proven their product or service in their primary market
and may now be in a position to either launch a new product or enter into a
secondary market.
This round is very much a follow-on
round from the original Seed or Angel round that you might have used to further
establish your business and hopefully secure your place in the industry. This can take anything from 2 months to 2 years to get to this position. So now it's time to grow and take things to the next level.
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