Comment by chintler

Based on the constraints and some of the comments, a different avenue would be to reduce your upfront ask.

Try and assess if you really need all the full-time employees you mention. You can get very far with part-time employees, freelancers and outsourced development till the point where you have an MVP built for which investors can put up money. If you really need FTEs, you can (partially)pay them in ESOPs of the company against future revenue.