In this discussion, we delve into the relationship between a tech startup's Technology Readiness Level (TRL) and its funding stage. Discover why there might be no direct correlation between TRL and the funding series, and how advanced research and development (R&D) grants can keep companies in universities longer, leading to highly developed startups seeking early-stage funding. Learn from real-world examples like Varian, which spun out from a university at a very advanced TRL. Gain insights into how venture capitalists evaluate startups at different stages and the impact of R&D on investment decisions.
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