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Female CEOs, Women Directors, and the Thriving World of Women-Led Companies in the UK

Market Talent logo square AUTHOR

Ryan Kaye

- December 5th, 2023
CATEGORIES
News

Interesting news from the UK business world. A recent study led by a UK-based virtual assistant company revealed an extraordinary 83% more women have led the way as CEOs and board members in the UK since 2018.

But wait, there’s more – it’s not just boardrooms and suits. We’re talking gender diversity, the unstoppable force with a whopping 1,300% boom in the past decade. So, without further ado, let’s delve into the success stories, the most diverse board tables, and the tech that’s shaking things up.

Breaking Down the Trends of 2021 and 2022

Fast forward to 2021 and 2022 – the prime era for stirring change in the upper echelons of corporate roles. An explosion of gold vibes turned the gender inclusivity scene up a notch.

female CEOs

Did you happen to catch the report that came out right in the midst of when everyone was talking about ‘female founders’? Searches skyrocketed to an astounding 1,850% over the last year alone. Could the timing be any better?

People are digging deep, with searches for ‘female founders initiative’ and ‘female founders program’ climbing by 320% and 300%, respectively. It looks like there’s a genuine hunger for things that cheer on and support women who are disrupting the entrepreneurship space.

The study goes beyond ties and suits. It’s also putting femtech in the spotlight – the star of the UK tech scene. We’ve had this epic 1,300% spike in femtech businesses over the past 10 years. It all started as a solo act in 2014, and now, in 2023, it’s ramped up to an astonishing 14, according to Beauhurst’s insider info.

Say Hello to the Femtech Faces

Here’s a look at the top dogs in the femtech universe. The fab five leading the charge include:

NOVABIOTICS

  • Founder: Deborah O’Neil
  • Industry: Biotech
  • Location: Aberdeen
  • Total Funding: £10.9M

Loop Technology

  • Founder: Samantha Reece
  • Industry: Robotics
  • Location: Dorset
  • Total Funding: £12.7M

OPNA

  • Founder: Shilpika Gautam
  • Industry: Climate Fintech
  • Location: London
  • Total Funding: £5.2M

Mooncup

  • Founder: Su Hardy
  • Industry: Sustainable Menstrual Products
  • Location: Wirral
  • Total Funding: £10

Elvie

  • Founder: Tania Boler
  • Industry: Femtech
  • Location: London
  • Total Funding: £124M

Elvie, the queen bee with £124M in the bank, tops the list as the UK’s speediest tech phenomenon, singing femtech’s praises loudly and proudly.

A Closer Look at Regions

London’s coming up first with 174 female-founded companies. Let’s face it, though – it isn’t just about the big smoke. Locations like the Humber and Yorkshire are bringing in £3.5 billion to the pot, employing 28,525 people. As for the East of England, they’re the investment champions, grabbing an impressive £213.6 million.

women entrepreneurship

The Takeaway

It’s clear then – these female-founded start-ups aren’t just chasing trends, they’re confronting everyday issues head-first. Tech isn’t simply about the next revolutionary gadget. It’s more about making the world a better place.

So, as the UK tech scene progresses, prepare yourself for more originality, diversity, and a whole lot of extraordinary women making their mark in corporate leadership and start-ups.

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