"Her own experience was of a struggle to convince venture capitalists, known as VCs, about her idea."
Oh I didn't know convincing people of giving you money is easy if you are white and male... Maybe I should give it a try, sounds like very easy money! /s
This seems unfortunate to me that they're raising this as a gender/race issue where as they actually seem to be unaware of how business/engineering works.
The fact is, if you have a rather simple product like this, the idea will be copied and probably manufactured in China for 1/10th of the price.
Additionally, if you've approached over 100 VCs and 98% of them aren't interested then you should be looking at your product, not your race/gender