Illustration: Rebecca Zisser/Axios

A record number of female-founded startups raised venture capital in 2019, representing more than a 500% increase from 2010, based on new data from PitchBook and All Raise. Median valuations also hit all-time highs.

Background: The bump in global deal numbers comes amidst a (slow) increase in female venture capitalists, including those with actual checkbooks, and against the backdrop of increased exits for mixed-gender founding teams (+7% in 2019, compared to a 4% year-over-year decrease for all-male founding teams).

Yes, but: Not all the new numbers were positive, particularly when it came to actual money raised. Only 16% of all venture investment dollars invested in 2019 went to startups with at least one female founder, down from 18% in 2018. So far in 2020, the figure is just 13%.

  • In terms of deal number, 21% of all funded startups in 2019 had at least one female founder.

The bottom line: Venture capital should briefly celebrate its progress, and then get back to work doing much, much better.

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Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 12,859,834 — Total deaths: 567,123 — Total recoveries — 7,062,085Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 3,297,501— Total deaths: 135,155 — Total recoveries: 1,006,326 — Total tested: 40,282,176Map.
  3. States: Florida smashes single-day record for new coronavirus cases with over 15,000 — NYC reports zero coronavirus deaths for first time since pandemic hit.
  4. Public health: Ex-FDA chief projects "apex" of South's coronavirus curve in 2-3 weeks — Coronavirus testing czar: Lockdowns in hotspots "should be on the table"
  5. Education: Betsy DeVos says schools that don't reopen shouldn't get federal funds — Pelosi accuses Trump of "messing with the health of our children."

Scoop: How the White House is trying to trap leakers

Illustration: Sarah Grillo/Axios

President Trump's chief of staff, Mark Meadows, has told several White House staffers he's fed specific nuggets of information to suspected leakers to see if they pass them on to reporters — a trap that would confirm his suspicions. "Meadows told me he was doing that," said one former White House official. "I don't know if it ever worked."

Why it matters: This hunt for leakers has put some White House staffers on edge, with multiple officials telling Axios that Meadows has been unusually vocal about his tactics. So far, he's caught only one person, for a minor leak.

11 GOP congressional nominees support QAnon conspiracy

Lauren Boebert posing in her restaurant in Rifle, Colorado, on April 24. Photo: Emily Kask/AFP

At least 11 Republican congressional nominees have publicly supported or defended the QAnon conspiracy theory movement or some of its tenets — and more aligned with the movement may still find a way onto ballots this year.

Why it matters: Their progress shows how a fringe online forum built on unsubstantiated claims and flagged as a threat by the FBI is seeking a foothold in the U.S. political mainstream.