2021 was again a record year for startups and venture capital funds, with over €100 billion invested to tech companies in Europe. It was also a record year for VC funds, which raised nearly €20 billion. There are still many obstacles on the way. The report highlights the imbalance for European female VC managers in access to capital (only 9% of AUM are in hands of female), the definition discrepancy across jurisdictions in the role of Managing/General Partner, and the unequal access to carry for females. As for female-led startups, even though again less than 2% of VC money was invested in them.
Over 120 European VCs responded to the survey and a further over 300 were researched by IDC -> the data is from over 420 VCs in Europe!
�ust 15% of general partners (GPs) at European VCs are women.💡 and women GPs have access to just 9% of total assets under management (AUM) in Europe.💡 women have less carry than their male peers and fewer seats on investment Key take-aways include: 💡 just 15% of general partners (GPs) at European VCs are women.💡 and women GPs have access to just 9% of total assets under management (AUM) in Europe.💡 women have less carry than their male peers and fewer seats on investment committees.💡 as for limited partners (LPs) - just 10% of women at LPs have influence and investment decision-making power.
Good news includes: large biotech and life-science funds raised by women as GPs, more female representation across investment teams (at junior levels) and more female led exits than ever (in particular in USA).
To read the full report, please visit here.
To join the discussion, please visit European Women in Venture on Linkedin.