Finance & Moneyintermediate
Dry Powder
Definition
The cash an investor or fund has available but has not yet invested.
Why it matters
Funds with plenty of dry powder are more likely to back you again, so it is worth knowing how much your investors have in reserve.
Example
A VC fund with £50m in dry powder can still lead new deals despite a slow market.
Related terms
Learn the language of business - and build the systems behind it.
Rich Girl Systems turns 1168+ founder concepts into a step-by-step programme with daily challenges, XP and your own assistant.
Take the free founder quiz