remained

Venture

Steady Support: Female Entrepreneurs Receive Unwavering Funding in 2023

Female-founded companies in the U.S. raised $44.4 billion out of the $170.59 billion in venture capital allocated last year. Such teams raised 26.1% of all venture capital allocated this year, a sizable jump from the 18.2% they picked up last year. This follows the pattern that women founders still fare better with a male co-founder in the mix. Kyle Stanford, lead VC analyst at PitchBook, told TechCrunch+ that it’s difficult to pinpoint a single reason why funding to women founders has dipped a bit, but he added that the decline in deal counts for women founders follows the trends of the broader market. “That is not meant to make activity in female-founded companies look better, but the context of market difficulties is important.”Overall, less than 25% of all deals went to female-founded companies in 2023.

Ava Patel
January 11, 2024

Transportation

“Q4 Sees Robust Growth in EV Sales, with Potential for Further Growth”

EV sales remained strong in Q4. They could have been stronger All automakers, including Tesla, are at a crossroadsIf you’ve only been reading headlines these past few months, you’d think demand for electric vehicles has fallen off a cliff. In some countries, like Norway, where 82% of new vehicles are electric, it has already landed. That jibes with other forecasts that predict EVs will make up around 25% of the market in 2026. The demand will be there, but to make the most of it, automakers have some work to do.