As the name implies, the seed round is the first round of financing, which is generally used to start a project or company. The seed round has a wide range of sources of funds, and it is not necessarily a serious investment company financing. As long as social funds can be raised, they can be counted as seed rounds, including investments between relatives.
Angel wheel is the second round of financing after seed wheel, which is generally used for daily expenses and personnel increase in the initial stage of the project, and the capital level may be from one million to ten million.