Startups raise extra cash to carry them through the downturn
Some call it an extension, others an A-1, and still others a bridge round. By any name, the influx of outside capital to a startup that needs more cash before hitting planned revenue and customer benchmarks, is on the rise.
So there IS a downturn, then?
https://www.crainsnewyork.com/technology/startups-raise-extra-cash-carry-them-through-downturn