Female-founded companies receive 10 per cent of funding

Irish data defies the international trend in which funding has fallen for female-founded companies since the pandemic took hold

28th November, 2021
Female-founded companies receive 10 per cent of funding
Sarah Jane Larkin, director general of the IVCA: ‘I will be interested to see the number of businesses that are being set up by women in comparison to previous years, because I think that’s where the impact is going to be seen.’

Just over 10 per cent of the funding raised in Ireland last year went to female-founded companies, according to new data from the Irish Venture Capital Association (IVCA).

The IVCA represents 20 venture capital (VC) funds across Ireland and figures released to the Business Post show that there has been a slight increase in funding to female founders over the pandemic period.

The most recent figure of 10.3 per cent from 2020 is up from...

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