The F*cked Stats around Funding for Women in Startups
Have ideas to get more capital in the hands of women?
The state of funding for women in Australia (and around the world) is abysmal.
We know there's bias against women during the pitching process but we also know bias against women in STEM starts as young as kindergarten.
The latest stats on the tiny % of funding that goes to female founders from Cut Through Venture & Folklore Ventures report.
Does anyone have any good ideas to get more capital in the hands of the many, many epic women startup founders who are raising?
Judy Anderson-Firth from Euphemia wants to know your ideas too!
Judy is asking the juicy questions like:
"Why do you think economic uncertainty leads to a drop in the amount of $ invested into women? What can Australia do to leapfrog a significant change for our industry?"
In this Business Insider article deep diving into Carta’s latest data shows that VC downturn hits female founders hardest, with Carta's latest data revealing a stark gender gap in funding.
More women have received more funding at the seed level (+5%), but overall, women-led teams still received <3% of total venture funds - the lowest in four years.
There are fewer female founders overall, too - female founders fell from 15% to 13% of total founders.
Co-founder and GP at Moxxie Ventures, Katie Stanton, adds how: “middle of a perfect storm for female founders."
