Does the word "acquire" can be used as a synonym of "raise funds." For example, "Blablabla, a Polish medtech startup has acquired €250,000 from Blabla."

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Sasha

Community Tutor

Dec 21, 2021 12:32 PM

Answers · 8

You could also say "has received" or "has been funded with". As for other words in your sentence you could also say "Blabityblah". :>)

December 21, 2021

I agree with the others. ACQUIRE generally refers to buying another company (e.g. mergers and ACQUISITIONS)

December 22, 2021

Hi Sasha, You wouldn't use acquire in this context. Acquire usually means to get an asset, rather than funding. So you would use has raised funds of 250,000 from Blabla, or has sourced 250,000 from Blabla.

December 21, 2021

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