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Funding for all-female-founded startups flatlines 

Female founded
Image credit: PeopleImages.com - Yuri A via Shutterstock

There has been no improvement in the share of equity investment deals raised by all-female-founded startups in the last decade, according to new research.

While the percentage share of deals going to mixed founding teams with at least one woman was at the highest ever at 27%, the progress for all-female teams had stagnated.

The report, published by the British Business Bank, found that all-female-founded teams accounted for 9% of deals in 2022 compared to 5% in 2011. However, the share of equity investment raised by all-female teams has remained at 2% over the same period.

The UK tech industry has long struggled with the inclusion of women and ethnic minorities, yet the new research suggests the situation may be worse than many expected....