Technology startups that have been founded by women attract 3.5% of equity funding in the first half of 2023, compared to 73% for male-led companies.

WLIE-250x250-2.jpgThere are no figures for the ratio of male and female led tech startups but in the wider market, women-led companies make up just over 17% of the total, according to a report by The Gender Index.

An equity investment market update report from Beauhurst found that companies with all-female founders received 2p in every pound of equity investment in 2022. All male founding companies received 85p in the pound.

High growth companies with a female founder secured 27% of equity deals in the UK in the same period which had increased from 24% in 2021. Companies founded solely by women secured 9% of investments which – shockingly – set a record for the highest level to date. Companies with mixed gender founding teams secured 18% of investments in 2022, unchanged from 2021 but companies founded solely by men received 73%.

 

Clearly, women need to be recognised in the marketplace as well as in the workplace. To bring about this shift in attitude women will need to lead in different ways. This can be leading teams to design and work effectively as well as lead by example. It also means leading technology innovation with design that disrupts markets or convention.

To promote all aspects of leadership, Electronics Weekly will host the Women Leaders in Electronics Awards on 23 April at the De Vere Grand Connaught Rooms in London. This is to recognise women who lead teams and companies, who lead individual members of staff through support or inspiration as well as women who lead innovation through electronics design excellence.

Visit Women Leaders in Electronics Awards for details of how to be a part of the Awards evening.

The Women Leaders in Electronics Awards is an initiative created by Electronics Weekly to promote the voice of women in the international electronics industry. It recognises women who lead, guide and promote good practices in management and electronics design. It is an emap event and is not affiliated with the Women in Electronics (WE) community, based in California, USA.