It's insurance. What he's saying is that the company is fragile right now, and any blip could very seriously harm their growth. The fundraising is a direct resp

It's insurance. What he's saying is that the company is fragile right now, and any blip could very seriously harm their growth. The fundraising is a direct response to that risk analysis. Otherwise, they would probably raise money later for a specific project requiring lots of capital (like a new vehicle, as mentioned).