Posted by AdviserDirect on 07/11/2019

Only 20 per cent of the UK's tech investors are women

Only 20 per cent of the UK's tech investors are women

Earlier this year, an uncomfortable statistic made the rounds: according to PitchBook data, female founders received 2.2 per cent of venture capital funding in 2018, taking in $2.88 billion out of a total of $130 billion (£103 billion).

In fact, one male-led company, the e-cigarette company Juul, took in $12.8 billion all by itself, an easy $10 billion more than all the female founders put together. 

There are many reasons why women face such difficulties in the tech industry – one of which is the lack of women in the VC teams that will be investing in the new breed of companies coming up. 

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