IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 77 Source: IDC Research European Women in VC; n=303 VCs AuM >€25M, n=822 GP’s Work — 4.5 stars Money — 4 stars Knowledge — 3.5 stars Time — 3 stars Power — 2.5 stars The starting position of women in Austria is quite high. Austria scores high in Work and Money. With respect to work, Austria scores well on the duration of working life and segregation of work. Despite government initiatives, Austria scores low on Power.  GP Balance — Austria Austria Firepower Male 83% Female 17% 81% 19% Diversity from a Funding Perspective • From a macroeconomic perspective, the country ranks highly in work, less so on the power position of women. Austria ranks quite highly in gender funding balance, both the general GP balance and access to funding. Speedinvest, one of the largest funds in Austria, has one female GP, setting an example for the industry.  • Austria has several initiatives to improve the gender balance. Austria has implemented a quota system as of 2018, where there must be at least 30% of women and 30% of men on the supervisory boards of publicly traded companies and companies with more than 1,000 employees. In addition, the Austrian government committed to raising the percentage of women on supervisory boards of companies with at least 50% stake held by the federal government to 40%. • A pan-European initiative launched and run out of Austria is Female Founders, which aims to close the gender gap in the European startup scene. Its main activities are community building and supporting female entrepreneurs through two accelerator programs. Startup Perspective • Austria has a small number of startups led or co-led by female founders. Vira Therapeutics, Byrd and Kiweno are among the ones with the highest valuations. Byrd is one of the co-female led companies that received funding (€16M) in 2021. AUSTRIA #of startups from >=2010 that that received funding Source: Dealroom Startup Data Male Female Mix 2017 2018 2019 2020 2021 86 % 4 % 10 % 88 % 88 % 85 % 83 % 2 % 5 % 5 % 8 % 9 % 10 % 7 % 10 %