Europe's female founders build on 2023's VC dealmaking gains
August 9, 2023
As VC activity falls to pre-2021 levels, European companies with at least one female founder have garnered 16.8% of all VC capital raised in the region so far in 2023, or €4.6 billion (about $5.04 billion). This is the largest annual percentage on record, according to our European VC Female Founders Dashboard.
- Despite the increased share for companies with at least one female founder, there has not been a similar rise for companies with only female founders. Such startups have received 1.4% of all VC dollars in 2023, or €379 million.
- Notable deals in July included agricultural products developer Aphea.Bio's €70 million Series C, as well as Tenpoint Therapeutics' $70 million Series A.
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