IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 72 NETHERLANDS Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s Work — 4.5 stars Money — 4 stars Knowledge — 4 stars Time — 5 stars Power — 3.5 stars In the Netherlands, women score highly on Time and Work, somewhat lower on Power. Though females are well represented in nonprofit and government positions, this is less the case when it comes to board and commercial top positions. GP Balance — Netherlands Netherlands Firepower Male 90% Female 10% 95% 5% Diversity from a Funding Perspective • The Netherlands performs below average when it comes to both gender balance of GPs and actual access to funding. Several initiatives are being taken to turn this around:   • Techleap and Dutch VCs started the #Fundright initiative. #Fundright is a movement aimed at ensuring a more diverse ecosystem, with the goal to reach a diverse ecosystem by 2023, through:  • All participating investment companies and the management teams of their current portfolio companies will have a diverse mix including 35% women, though the position of these women is not further specified. • And a considerable percentage of the companies (co)invested in should be (co) founded by a woman. • Another initiative is the Inspiring Fifty — an initiative from Janneke Niessen, who is also founder of VC fund CapitalT, which has been set up to place a spotlight on female tech entrepreneurs.  Startup Perspective • Since 2015 The Netherlands has seen several female or mixed team led startups, of which Vico Therapeutics and Onera have the highest valuations. Mambu is one of the Dutch unicorns, also co-founded by a female in 2011.  #of startups from >=2010 that that received funding Source: Dealroom Startup Data Male Female Mix 2017 2018 2019 2020 2021 89 % 4 % 7 % 84 % 83 % 85 % 84 % 6 % 6 % 6 % 4 % 12 % 10 % 11 % 9 %