Therefore, Korn Ferry partnered with Vira Health to conduct a survey of more than 8,000 women globally to investigate the impact menopause has on women in the workplace.

Many studies support the fact that there are numerous gaps between men and women, particularly when it comes to ICT. Whether it is the number of girls who receive a STEM education or when it comes to funding of women founders of IT startups and scaleups, the differences are vast.It's clear that in less developed countries that are characterised by the less advanced levels of education and involvement of women in the labor market, there will be a more considerable difference between men and women when it comes to specific sectors like the tech ecosystem.On the other hand, it can be expected that in the highly developed and wealthier ecosystems, these differences would be more imperceptible. But it’s not always the case, although certain, small but promising developments are evident.One such example is the UK tech ecosystem. According to the Department for Science, Innovation and Technology (DSIT), tech startups and scaleups in the UK with at least one woman co-founder in 2022 recorded a 24% increase in capital compared to 2021.In practical terms that means that:£3.6 billion in venture capital funding was raised in 2022 compared to £2.9 billion in 2021.Eight companies with women founders and co-founders raised over $100 million in 2022.The majority of investments into women-led businesses took place at the pre-seed and seed stage with 158 startups raising early-stage funding.Female founders are represented in only 9% of UK unicorns (only 13 of the UK’s 144 tech unicorns).Women in the UK founded almost 200 influential startups that together employ around 8000+ people.So when we look at these numbers it is clear that women are facing a lot of challenges (which men are maybe not aware of) and that diversity in business is very needed so we can build together a successful tech ecosystem. And it starts with supporting women entrepreneurs.„…We need to better support our women entrepreneurs who are building impact businesses to solve pressing challenges facing society, from the environment to the economy and people…“ Kate Hofman, Founder, and Chief Brand Officer at GrowUp FarmsFintech, energy, and achieving sustainable development goalsThere are examples of successful companies in every sector. However, as is to be expected, since fintech companies make up the majority of venture capital funding it is also the case with women-founded firms in this sector

Vira Health, a London, UK-based provider of a menopause app called Stella, raised $12m in funding. The round was led by Octopus Ventures, with participation from Optum Ventures and existing investors. The latest financing builds on a previous $2m funding round that drew investment from LocalGlobe, MMC, Amino Collective, among others. The company intends to [] The post Vira Health Secures $12M in Funding appeared first on FinSMEs.