The number of female founders in deep tech is on the rise in Europe but women are still underrepresented across the sector as a whole, according to a new report.
The Women Founders in European Deep Tech Start-ups report reveals that only around one quarter (24%) of deep tech startups created in 2022 could count one or more woman in their founding team. The study of 7,165 start-ups across 37 countries also shows that the ‘percentage of women founders in deep tech has doubled since 2010’.
The European Institute of Innovation and Technology (EIT), a body of the European Union; the European Investment Fund (EIF) and European Investment Bank (EIB) Advisory Services led the study.
Martin Kern, EIT Director, said: “This EIT study is a call to overcome the gender gap for investment in deep tech. The percentage of total funding going to deep tech start-ups with women founders stands at only 11.4%. This is a missed innovation opportunity that Europe simply cannot afford. That’s exactly where the EIT comes in. Our programmes, including Supernovas, are dedicated to strengthening women-led start-ups, providing access to funding, access to markets and clients, mentoring, thematic expertise, all as part of a community of partners across Europe.”
The Supernovas programme is designed to draw more women into the world of entrepreneurship and investment by making it easier for women to engage in the early-stage investment industry.
At today’s EIT conference, INNOVEIT, in Helsinki, the Supernovas Data Room is being presented – a ‘platform showcasing women-led start-ups in high and deep tech entrepreneurship across all EIT Knowledge Communities’.
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