Raising capital as a pre-seed founder in 2025 means navigating changing rules in traditional VC funding.Capital stacking offers a strategy to fund a startup without compromising vision or equity.A pre-seed capital stack typically includes grants, credit, convertible instruments, and equity.Start with grants, the most founder-friendly funding, regardless of early stage.Credit can be a strategic tool to extend runway, but use it wisely to avoid delays in failure.Understand convertible instruments like SAFE notes and STACK Note to make informed decisions.Create a funding readiness checklist before pitching to ensure clarity and preparedness.Plan fundraising with multiple phases: discovery, application, preparation, milestone proof, investor outreach, and close.Consider alternative platforms that blend funding models for a tailored approach.Protect ownership by funding wisely and preserving negotiation leverage for future rounds.