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Discover Ludwig'private funding' is correct and usable in written English.
You can use it when referring to money that is obtained from a private party as opposed to from the government or public sources. For example: The company was able to build a new lab thanks to private funding from a generous donor.
Exact(60)
No private funding.
Private funding declined.
This has been achieved without private funding.
The company may now raise private funding.
"It's a private organization with private funding".
Private funding is on the rise.
Murthy, however, is cynical of private funding.
10 Program to secure private funding.
And private funding would pay for the rest".
"It took a long time to find the private funding".
Hoped-for private funding had fallen short by £600m.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com