Women-Led Startups fuel $167 Million Healthtech Raise (Correct)

Funding for women-led health startups surged more than 2,000% last year, helping drive fund raising of $167 million for the industry, according to a report sponsored by the Bill and Melinda Gates Foundation and prepared by consulting firm Salient Advisory.

Companies founded solely by women received $52 million in funding, representing 31% of all funding dollars allocated last year, according to the report.

“This is a dramatic increase over the $2 million in funding that went to women-founded companies in 2022, which represented only 1.4% of all investment,’ it said.

Even though funding for healthtechs slowed by 2% from the ...