Despite a thriving startup ecosystem in the Gulf, female-founded companies are securing a disproportionately small amount of funding. In August, male-founded startups received over 96% of the capital deployed, leaving female founders with a mere $8.5 million. This disparity is attributed to the underrepresentation of women in capital allocation roles and male-dominated investor networks. However, initiatives like Aliph Capital, the first women-founded private equity firm in the Gulf, and accelerators such as the Women in Tech Accelerator are working to bridge this gap. AI
RANK_REASON Article discusses a trend and its implications rather than a specific event.
- Abu Dhabi
- Aliph Capital
- Aliph Fund I
- Falak Holding
- Fortune
- Gulf Oil
- Lucy Chow
- Riyadh
- Saudi Arabia
- Standard Chartered
- United Arab Emirates
- Village Capital
- Women Shaping Wealth Summit
- World Business Angels Investment Forum
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