Bringing diversity and equity to venture capital funding

New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. For Black women, it was a minuscule 0.3%.

Deena Shakir, a partner at venture capital firm Lux Capital, told CBSN that although women entrepreneurs have made progress when it comes to raising money, "There is still so much work to be done." 

"The vast majority of venture capital firms still do not have a single woman check writer at the table," Shakir said.