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Gulf's female founders struggle for funding despite thriving ecosystem · 1 source tracked

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.

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Gulf's female founders struggle for funding despite thriving ecosystem · 1 source tracked

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Article discusses a trend and its implications rather than a specific event.
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Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
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funding, other
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Melissa Hancock ·

    The Gulf’s female startup ecosystem is flourishing. So, where’s the funding?

    In this week’s Fortune Gulf Brief.