December 6, 2023
Female-founded AI startups win just 2% of funding deals in UK

Male-skewed investment is another instance of tech gender imbalance that needs urgent redress, say researchers

An “urgent issue” of gender imbalance in artificial intelligence investment must be addressed according to a government-backed body which has found that female-founded companies accounted for just 2% of AI startup deals over the past decade.

The report by the Alan Turing Institute found that when female-founded companies have secured funding, they raise on average £1.3m a deal compared with £8.6m raised by all-male founder teams.

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