Fund raising is a process with many steps. Learn best practice from people who have done it many times before.
Fund raising is the ultimate sales pitch, you have to sell your idea to people who will make an assessment on your capability to deliver the project. Thus you are selling both your concept, yourself and your team to potential investors. If they don’t believe in the idea, who will..
The relationship between investors, management and the company are described in the company documents and a detailed understanding of this is important to all parties to the agreement.