Dry Powder
Committed capital a fund has available but not yet invested.
Dry powder is the money a fund can still deploy. High dry powder means investors are actively looking to invest; low dry powder means a fund may be near the end of its investing period. It affects how receptive an investor is to new deals.
Examples
A fund with fresh dry powder actively seeks deals. — A fund near its limit slows new investments.
How it relates to The Startup Foundry
Investor Match focuses you on investors actively deploying capital, saving wasted effort.