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Fortune

Emma Hinchliffe

Exclusive: Female founders navigated a tough 2022 market, but saw funding fall only 28% compared to a 37% average

United States Fortune

(Credit: Courtesy of Female Founders Fund)

Good morning, Broadsheet readers! The LSU Tigers win their first NCAA title, Sanna Marin loses Finland's election, and female founders weren't immune to last year's economic climate—but they're displaying resilience. Have a productive Monday.

- Resilient founders. In 2022, female founders saw U.S. venture funding fall 28%. But that stat illustrated resilience; overall, startups saw a 37% decline in venture funding. That's from a new analysis of Crunchbase and PitchBook data released by the venture capital firm Female Founders Fund, Fortune is the first to report.

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