199B: The cost of overlooking European deep tech led by women
Briefly

The recent GENDEX report exposes the considerable gender disparity in European tech, particularly in deep tech, where women lead only 22% of companies and secure funding six months later than their male counterparts. The report indicates that over the past decade, women-led firms generated 11% of total value in non-IPO exits while constituting merely 0.6% of such deals. This inequality not only hampers innovation but also represents a loss of €198.8bn in potential value, emphasizing the urgent need for a structural change to foster a more gender-balanced ecosystem.
Women lead just 22% of European deep tech companies, according to a new report from the EU-funded GENDEX project, released today. Securing funding remains a challenge, magnified by the stark gender imbalance.
Achieving greater representation of women-led companies at the exit stage... would have unlocked an estimated €198.8bn in additional value, GENDEX found, pointing to the potential of gender diversity in tech.
Read at TNW | Deep-Tech
[
|
]