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UK leads Europe on VC funding for women founders – but gender gap remains vast

Funding women
Image credit: Gorodenkoff / Shutterstock

Funding for women-founded startups in the UK last year was greater than in any other European nation, but gender investment disparity remains a major issue, according to new data.

Tech firms with at least one woman founder in the UK secured €3.9bn (£3.3bn) in venture capital deals in 2023, more than double that of France, which secured second place with €1.7bn.

Germany was third with €1.2bn and the Netherlands was fourth with €0.5bn.

The UK also led Europe significantly in the number of funding deals for female-founded startups, with 726, according to a new report from Pitchbook.

Britain’s women in tech may have led Europe in VC funding, but the data shows across all of the continent, woman-founded startups are not given the same funding opportunities as male-founded companies....