Financing refers to the process of providing funds or capital to support a business or individual’s activities. It encompasses various methods through which money is raised or provided, including loans, investments, grants, or the issuance of securities. Financing can be categorized into different types, such as debt financing, where funds are borrowed and must be repaid with interest, and equity financing, where funds are raised through selling shares of ownership in a business.
The purpose of financing is to enable the acquisition of resources, facilitate operational activities, or fund growth and expansion. It plays a crucial role in both corporate and personal financial management. In a broader sense, financing is essential for enabling projects, purchases, and investments that a party may not be able to afford outright. Effective financing strategies are key to achieving financial goals and ensuring long-term sustainability.
Noxus, a UK-based startup with Portuguese roots, has raised $1.5 million in pre-seed funding. The investment was led by SFC Capital with support from Bynd Venture Capital, Altair Capital, and…