All-female and black and ethnic minority (BAME) teams make up the smallest share of companies that have access to convertible loans under the future fund.
The government’s emergency support scheme launched at the end of May and offers convertible loans ranging from £125,000 to £5m from the government subject to at least equal matched funding from private investors.
The British Business Bank, which manages the scheme, said it has helped facilitate £720m of convertible loans to 711 companies.
It also regularly releases diversity data showing how much of the funding goes to under-represented groups.
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The latest figures show 82 per cent of funding has gone to mixed gender senior management teams and 65 per cent to those of mixed ethnicity.
However, just eight convertible loans worth £7.2m have been approved for all-female teams compared with 181 worth £118.4m for men.
Only 37 BAME-led teams have received funding worth £28.3m compared with 275 worth £233.1m for all-white teams.
The data also reveals that 40 per cent of funding approved to companies for convertible loan agreements worth £291.1m have their headquarters located outside of London.
Peer-to-peer lenders are involved with the future fund in various ways.
Assetz Capital, Propio and CapitalRise have all sought matched funding from the government after raising funds from investors, while Crowd for Angels is helping businesses raise money for the scheme through its platform.