Dragon

The term "Dragon" is used in two primary contexts within the venture capital ecosystem. The first definition describes a startup that achieves an extraordinary fundraising milestone, specifically raising over $1 billion in a single venture capital round. This colossal injection of capital signifies immense investor confidence, often in a company with a proven product, significant market traction, or a highly disruptive technology poised for rapid global scaling, distinguishing it from even Unicorns which are valued at $1 billion but not necessarily raising that much in one go.