FUNDING IN THE CEE REGION THROUGH THE LENS OF GENDER DIVERSITY AND POSITIVE IMPACT
The report key findings are:
- In 2020, women-founded startups raised just 1% of investment in Central and Eastern Europe (CEE). 5% went to mixed-gender founding teams, while all-men teams raised 94%
- Women-founded startups generate more revenue per Euro invested. Women-led businesses outperform in capital productivity by 96%.
- Funders and decision makers are predominantly men. Of funds active in CEE, 85% of Venture Capital (VC) investment roles are held by men, rising to 93% at Partner level.
- VC funds with all-men General Partner (GP) teams have 5X the firepower (AUM) to invest in companies compared to all women GPs of venture funds.
Please see full report here.