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A seed round is the very first official funding stage for a startup, like Callosum raising $100 million. It's called 'seed' because it provides the initial capital to plant the business idea and help it grow. Investors are betting on early potential, often before a product is fully developed or generating significant revenue.
Stories that explain this
UK startup Callosum raises $100 million for AI techQuestions this opens up
Why do startups need funding? Who invests in seed rounds? What is a Series A round?