TLDR:
- Only 4% of venture capital funding is allocated to female-led startups in 2023
- 16% of female CEOs received funding
In a recent LinkedIn post, Melissa Widner discusses the progress of women in venture capital funding. Despite an increase in female CEOs, only 4% of capital is allocated to female-led startups. This discrepancy suggests that even women-led startups are receiving less funding on average. Comments on the post suggest the need to include new VC funds backed by organizations like QIC. The post also highlights the stories of successful entrepreneurs in the tech industry, showcasing their journeys and milestones.
Further posts by Widner mention the success of various startups and the important role of female founders and investors in the industry. The data gathered at events like Innovation Bay’s Inspire shed light on the progress of women in the Australian startup ecosystem. While there is anecdotal evidence of progress, the low percentage of venture capital dollars invested in women-led companies is still a significant issue to address.
Overall, Widner’s posts emphasize the need for more support for female entrepreneurs in the venture capital funding landscape and highlight success stories to inspire future generations of women in the industry.
