Funding to women-founded companies overall has declined in the first half of 2024 compared to the first half of 2023. Companies with all-women founding teams have raised just about 2% in venture capital funding for the past four years.
Investors retracting to support existing portfolios and the challenging current political climate are limiting the capital available for investment into new companies, affecting female founders.
VCs backed 372 startups with female founders in 2024's first half compared to 536 in the first half of 2023, indicating a decrease in deal counts.
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