Why is that disastrous, given that you have to be obsessed and highly risk tolerant to found a new moonshot company? That's why men are more common here. It's not some conspiracy. They are simply more likely to be obsessed, unbalanced and take on risk. Crazy, if you like. See also the most dangerous jobs, and a curious lack of concern about those being dominated by men.
VCs don't care about gender or any other irrelevant attribute one bit when investing and that notion is simply absurd. Just as absurd as thinking that prisons are biased against women as a way to explain why it's mostly men in jail.