Women-Led Startups Fuel $167 Million Health Raise in 2023.

Funding for women-led health startups increased significantly in 2023, reaching $167 million, according to a report sponsored by the Bill and Melinda Gates Foundation. Companies founded solely by women received $52 million in funding, representing 31% of all funding allocated last year. This is a significant increase from the $2 million in funding received by women-founded companies in 2022. While funding for healthtechs slowed down, it still outperformed the decline in funding for African technology firms. Several female-led tech companies, such as Kasha, Dawi Clinics, Chefaa, and Maisha Meds, attracted substantial funds. The report emphasizes the need for sustained strategies to ensure equitable funding for women founders. [Extracted from the article]