Women-Led Startups Fuel $167 Million Health Raise in 2023
- Nigeria, Kenya and Egypt attracted the most healthtech funding
- Equity funding accounts for 91% of investments in healthtechs
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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.