TLDR:
- Recent decline in the number of female startup founders, impacting sectors like FemTech.
- Female-founded startups receive less funding compared to male-founded startups, despite performing better.
Statistics show a decline in the number of female startup founders in recent years, particularly affecting sectors like FemTech. In 2023, women accounted for 13.2% of newly incorporated startup founders, down from 15.1% in 2022. However, sectors like healthtech and medical devices have seen an increase in participation by female founders. The rise of FemTech as an industry focus has led to immense growth in startups addressing women’s health issues, with projections indicating a potential market value of over $103 billion by 2030. Despite this growth, funding for FemTech startups remains low, with only 1.4% of total capital investment going to the sector in 2023.
Female-founded startups have historically received less investment compared to male-founded startups, despite outperforming them over time. Studies have shown that investing in women entrepreneurs at the same level as male entrepreneurs could significantly boost the global economy. However, venture capital backing for female-founded startups has remained stagnant over the years. On the bright side, the number of female investors and venture capitalists is on the rise, with funds led by female partners more likely to invest in female startups.
Overall, the article highlights the challenges faced by female founders in terms of funding and investment trends, particularly in the FemTech sector. Despite obstacles, the increase in female investors offers hope for greater support and opportunities for female-led startups in the future.
