Women in technology

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.

Another century of gender inequality in computer science

Reproduced from Wang et al., 2019, "Gender Trends in Computer Science Authorship" ; Chart: Axios Visuals

Female researchers, for decades largely boxed out of computer science, have in recent years entered the field in record numbers, but new research suggests the current rate of change is not nearly rapid enough to bring parity to the field within a lifetime.

Why it matters: The direction of computer science research is determined by the people who make up the field.