Independent UK news and guides on tokenised equity, for founders raising capital, investors and the firms that support them. Published by Tokenisation Group Limited, London. Information only, not financial advice.
There is a cost that does not appear in any startup's profit and loss account, that no investor has to justify on a returns attribution sheet, and that no regulatory framework currently requires anyone to measure. It is the cost of raising a round.
Two pence from every pound. That is the share of UK venture capital that reaches all-female founding teams, according to data from the British Business Bank's own research.
In a year when UK equity investment fell 2.5% to £10.8 billion and deal numbers dropped 15.1% to 2,048, the concentration of capital in a narrow slice of the founder population is not a minor inefficiency. It is a structural constraint on how much economic potential the UK's startup ecosystem is capabl