Venture and growth investing is the most impactful asset class. 💚
With a targeted approach and growing institutional allocation, venture can drive economic change and create significant social and environmental benefits.
In collaboration with Founders Forum Group Forum and Tech Nation, the European Women in VC flagship report: “BEYOND RETURNS: Venture and Growth Investing Fuel Sustainability & Societal Change” 📊 is based on 334 VC firms and LPs surveyed across Europe.
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The key findings:
⭐ More VC money is going to European positive impact-driven startups than ever before
⭐ 88% of the VCs say that they use an impact investing framework or tool to guide their investment decision due to their own personal of fund’s values73% of LPs say alignment with SDGs is important
⭐ 9 in 10 if the VCs and LPs say that increased diversity in VC leads to better investments decisions and financial returns
⭐ 87% have already implemented an internal ESG policy or plan to do so in the next year
European VC funds raised €23.7bn in 2023 and €30.8bn in 2022, the highest annual figures on record. With more than 2,400 active VC firms in Europe, and over 1,000 funds raised in the past five years, it’s no surprise the European tech market is worth more today than ever before and has more than doubled in value across the same period. Cambridge Associates has reported venture capital as the best performing asset class of the past 25 years!
“Despite record levels of venture funding and a strong track record of bringing breakthrough innovation to market, the venture asset class remains underfunded. In particular, funds with diverse teams and women leaders offer unparalleled returns and drive positive impact, warranting far greater investment.” 🚀Kinga
Our earlier work:
🔷 In 2023 we proved that gender diversity in European Venture Capital generate superior returns.
🔷 In 2022 our mission was to stress the role and importance of women as cheque writers and start-up founders.
🔷 in 2021 we focused on Funding in the CEE through the lens of gender diversity and positive impact.
Cc: Kasia, Alicja, Kerstin, Pia, Matias, Illusian Family Office Marjut, Louis, Hermann, Marie, Alexander, Brent, Victoria, Paul, Adeline, Antigoni, Kevin K., Kelly, Constantijn, Fredrik, Saemundur, Najada, Shiva, Federico, Diva, John, Kirsti, Rachael Selma Carolyn Marco Francesca Astrid