Female-founded AI startups win just 2% of funding deals in UK

Male-skewed investment is another instance of tech gender imbalance that needs urgent redress, say researchers

An urgent issue" of gender imbalance in artificial intelligence investment must be addressed according to a government-backed body which has found that female-founded companies accounted for just 2% of AI startup deals over the past decade.

The report by the Alan Turing Institute found that when female-founded companies have secured funding, they raise on average 1.3m a deal compared with 8.6m raised by all-male founder teams.