Female venture partners make up just 9 percent of the industry, while most of the VC dollars go into male-founded start-ups.
div > div.group > p:first-child"> Venture capital, or VC, partnerships"have historically been built by men," investor Ophelia Brown tells CNBC.
In Europe, for example, research by tech investment firm Atomico shows that 93 percent of venture money went to start-ups with all-male founding teams last year. When it comes to gender equality, one main hurdle for the industry to overcome, Brown says, is finding the limited partners necessary to back female-founded venture teams.
Brown's logic being that, without enough investment players willing to contribute to female-led venture funds, women may be discouraged from entering the industry altogether. "There are few female LPs in venture funds," she says."That in and of itself is a challenge." Although, Ashman adds LocalGlobe has been"fortunate enough to work with a couple."
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