Concern raised over bias in AI tools used by VCs as female founders make up 17% of Spain's startups - again — TFN

Venture capital is increasingly AI enabled.

AI models are trained on historical data — meaning they could be coding bias into dealmaking.

Concern comes amid a report that shows women represent just 17% of tech founders in Spain — a statistic that is frozen from the year prior.

Venture capital is increasingly AI-driven but a new report highlights how that could hinder female founders.

Women represent just 17% of tech founders in Spain — a statistic that is frozen from the year prior, according to Spain’s Tech & Innovation Companies Report. That’s despite public and private initiatives to promote and improve training, financing, mentoring and visibility for female founders.