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Women-led tech start-ups' funding drops 75% in ‘23
The Morning Standard
|March 09, 2024
WOMEN-led tech start-ups have managed to secure only $1.1 billion funding in 2023, a 75% decline compared to $4.5 billion in 2022.
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This significant drop in funding was not confined to a specific sector, as it occurred across diverse sectors and geographical locations, according to Tracxn data.
It says the first two months of this year have witnessed $100 million in funding, close to $103 million raised in the same period last year. Interestingly, 2021 was the highest funded year as these start-ups raised $6.5 billion, as they experienced a surge of over 100% funding across various stages.
Denne historien er fra March 09, 2024-utgaven av The Morning Standard.
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