GENDEX Report: Women Lead 22% of Deep Tech, €198.8bn Value Lost, and 12% Decline in Investment
MY INTERESTS
36m ago
Venture Investment to Women-Founded Startups Declines 12% in 2024
- In 2024, venture investment to startups founded by women in Europe declined 12% from the previous year, closely mirroring the overall market decrease of 11%.1
- Female-founded businesses in Europe raised €5.76 billion in 2024, marking a 12% drop from the €6.56 billion raised in 2023.1
- The report indicates that about 33% of all venture capital raised by female entrepreneurs in Europe is going into deep tech startups, which is 2% more than gender-agnostic startups.1
- More than 80% of the 50 largest funding rounds raised by female-founded startups in 2024 went to those with scientific backgrounds in areas such as synthetic biology, generative AI, and drug development.1
- Venture investment to women-founded startups in Europe fell by 12% in 2024, with female-founded businesses raising €5.76 billion.
- Over 80% of the largest funding rounds went to startups with scientific backgrounds.
Techcrunch
4h ago
Background
- The GENDEX report reveals that women lead just 22% of European deep tech companies, highlighting a significant gender imbalance in the sector.1
- Women-led companies raised 1.8 times less capital than those led by men over the past decade, indicating a funding disparity.1
- The GENDEX report estimates that achieving greater representation of women-led companies could have unlocked €198.8bn in additional value over the past decade.1
- Women account for just 24% of patent applicants in Europe, reflecting a talent drain in the deep tech sector.1
- Tanya Suarez, chair at GENDEX, stated that structural change is needed to ensure fair representation of women in tech.1
- The GENDEX report reveals that women lead just 22% of European deep tech companies, indicating a significant gender imbalance.
- Over the past decade, women-led companies raised 1.8 times less capital than those led by men, highlighting a funding disparity.
- Achieving greater representation of women-led companies could have unlocked an estimated €198.8bn in additional value over the past decade.
TNW