The amount of funding to women-led businesses in Wisconsin shrank in 2018, even as startup funding in the state reached record highs.

Wisconsin startups raised more than $280 million in investment capital in 2018, which was the most ever in a single year in Wisconsin, according to the Wisconsin Technology Council. But just 14% of those companies were women-owned or women-led, which is down from 16.5% in 2017.

The percentage of women-led businesses that raised capital has actually decreased for two years in a row, as the share of female-founded businesses that received funding was 19.7% in 2016.

Via the Wisconsin Technology Council

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