IDC European Woman in Venture Capital
EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 34 THE STARTUP LANDSCAPE — Gender Inequality Persists in Europe — If Anything it got Worse 03 While the venture world and European startup scene may have witnessed an epic year in 2021, female entrepreneurship got lost along the way. Over the past 5 years, the number of VC-funded female startups or those led by mixed teams has not grown; in fact the number decreased . Potential growth completely diminished during the pandemic. The phenomenal growth witnessed in 2020 and 2021 in the VC and startup scene has not had any effect on female entrepreneurs. In 2021, 89% of all funding went to male-led startups, 9.3% to mixed teams, and just 1.8% to female- led startups. Source: Dealroom.co, based on VC funding data with gender data VC Funding Balance 2018-2021 MALE FEMALE MIX 2018 2019 2020 2021 $1,00,000M $90,000M $80,000M $70,000M $60,000M $50,000M $40,000M $30,000M $20,000M $10,000M $0M 11% 11% 8% 9% 4% 2% 3% 2% 85% 87% 9% 89%
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