The landscape of women-founded scaleups and investors in Europe
4 May, 2023
Women-founded funded scaleups have grown in value faster than overall European scaleups since 2017 (6.5x vs 5.5x).
While the majority of value (73%) created by women-founded scaleups is concentrated between three countries (the UK, France and Germany), in these countries women-founded scaleups represent just 12% of overall scaleup value.
Notably, in other European ecosystems like Finland, Italy and Portugal are slightly more diverse in terms of share of value concentrated as total of the country scaleup value creation.
Women-founded scaleups raise smaller rounds, with the gap in median round size most pronounced at Seed stage.
However, Seed funded women-founded scaleups convert to series A at a higher success rate than the overall European benchmark.