“Success speaks louder than stereotypes”–Norrsken22’s Lexi Novitske and Precious John-Adeyemi on bridging funding gap for female founders
- In 2024, female CEOs raised just $48 million, the lowest figure since 2019.
- Male CEOs raised $2.2 billion in the same year.
- Norrsken22 has backed female-led companies across Africa, including Credrails and Sabi.
The persistent funding gap for female founders highlights the need for systemic change in the venture capital landscape. While there are positive trends towards inclusivity, it is crucial to continue fostering supportive networks and addressing biases to unlock the potential of female-led startups.
