Almost half of startups backed by top UK and European VC firms lack female board members, data shows.
It means startups trail the 350 biggest listed UK firms, which hit 40% female board representation.
Startups, though often promising to disrupt the status quo, are well behind larger firms when it comes to female leadership.
Nearly half of startups currently backed by top UK and European venture capital firms lack any women on the board, new figures show.
The data comes from 16 VC firms in the UK and Europe and covers 450 companies in their portfolios.
Persons:
ESG_VC, Henry Philipson, Philipson, Michelle You, there's
Organizations:
European, Molten Ventures, Beringea, MMC, British Private Equity, Venture Capital Association, Investors
Locations:
Highland, Europe