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How the Funding Cliff Hits Women-Led Startups
In this episode of Women at Work with Fexingo, Lucas and Luna explore the 'funding cliff' that women-led startups face after raising seed or Series A. They focus on a 2025 study by PitchBook showing that women-founded companies get only 2.3% of venture capital dollars, and that gap widens at later stages. The hosts discuss the structural reasons—from investor network bias to pattern-matching on 'founder-market fit'—and examine how the pipeline of women VCs is slowly changing things. They also cover what founders can do, like targeting alternative capital sources and building revenue before…
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