The last couple of years have seen record levels of funding pour into the ecosystem and yet women are largely prevented from accessing it. In Europe, 87% of all VC funding is still raised by men-only founding teams, while the proportion of funding raised by women-only teams has dropped from 3% to 1% since 2018. According to a recent UNESCO Science report, women remain a minority in both STEM education and careers, representing only 28% of engineering graduates, 22% of artificial intelligence workers and less than one-third of tech sector employees globally. Further, it’s been reported that 49.5% of women in tech have experienced sexism in the last year, with 66.9% believing that they are paid unfairly compared to their male counterparts.
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