Male-owned venture capital funds received around 10 times more investment from limited partners (LPs) than their woman-owned counterparts over the last six years, according to new data.
Between 2017 and 2023, funds owned entirely by men also raised almost five times more than mixed-gender funds, according to a report from VC firm Ada Ventures, Diversity VC and Google Cloud.
According to the report, just 7p in every pound raised from LPs over the period has gone to all-woman funds, while 17p in every pound went to mixed ownership funds.
“The conclusions of this report are sobering. This is the first time we’re seeing just how stark the gender divide is amongst the VCs successfully raising capital from LPs,” said Ada Ventures co-founding partner Check Warner....