In 2018, female founders raised US$2.88 billion split across 482 companies, according to data from PitchBook and All Raise, a non-profit supporting women in entrepreneurship. That’s US$10 billion less than the US$12.8-billion that just one company—e-cigarette maker Juul—received on its own. Though the dollar amount raised was higher than in 2017, female founders received the same small share of VC funds distributed last year. (Fortune)
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In 2018, female founders raised US$2.88 billion split across 482 companies, according to data from PitchBook and All Raise, a non-profit supporting women in entrepreneurship. That’s US$10 billion less than the US$12.8-billion that just one company—e-cigarette maker Juul—received on its own. Though the dollar amount raised was higher than in 2017, female founders received the same small share of VC funds distributed last year. (Fortune)
Talking point: One explanation for the standstill is the increased number of “mega-rounds” of US$100 million or more that typically go to later-stage companies. Those deals continue to expand overall VC funding numbers and almost always go to male founders. Only two of the 25 top investments by SoftBank’s US$100-billion Vision Fund went to a company with a female co-founder, and they were both to Grab, the ride-hailing and food-delivery company co-founded by Tan Hooi Ling.
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