"Improving funding to female founders will depend on how much investors are willing to check their bias"β June Angelides, founder, Levare Ventures
Techpoint Africa | Chimgozirim Nwokoma - Dec 10, 2024
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AI-generated highlightsThe most relavant information from the article.
- Only 2% of funding goes to African startups with an all-female founding team.
- June Angelides emphasizes the need for women to be more confident while pitching.
- The majority of VC firms have male partners, impacting funding for female founders.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The persistent gender disparity in venture capital funding highlights systemic biases that need urgent addressing. While initiatives like Levare Ventures are commendable, the broader ecosystem must evolve to ensure equitable opportunities for female entrepreneurs. This includes not only increasing female representation in VC firms but also fostering an environment where diverse founders can thrive without bias.
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