Women in technology

Women earn small fraction of patents issued, research shows

A woman puts a test tube down.
Photo: Waltraud Grubitzsch/picture alliance via Getty Image

Women account for less than 13% of all patents applicants worldwide, according to a study by the UK's Intellectual Property Office.

Why it matters: Researchers cite a lack of women working in STEM fields — science, technology, engineering and math — for the uneven ratio.

Cleo Capital debuts scout fund for female investors

Illustration: Lazaro Gamio/Axios

Cleo Capital, led by entrepreneur Sarah Kunst, raised $3.5 million for a debut fund that will invest in female entrepreneurs who act as scouts.

Why it matters: "There's a lot of response about diversity — gender and race — and there's a lot of conferences and panels and dinners celebrating or highlighting women in tech, but there hasn't been a change in where the capital goes," Kunst tells Axios.