Female-founded AI startups win just 2% of funding deals in UK
by Hibaq Farah from on (#6F9B8)
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.
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