EFFICIENCY OF UTILIZING RAISED CAPITAL IN TECHNOLOGY STARTUPS

Abstract This article examines the efficiency of utilizing raised capital (RC) in technology startups (TS), focusing on the analysis of risks and returns associated with different financing sources. The main types of capital, such as venture and debt financing, as well as alternative methods, including grants and crowdfunding, are considered. The impact of these capital forms on startups' financial stability is analyzed, with an evaluation of factors that foster long-term growth, such as product innovation potential, market growth rates, competitive advantages, and scalability opportunities. Approaches to managing sector-specific risks in technology are also discussed, and examples are provided of successful startups that have effectively applied strategic RC methods.