Hi there, here are some fresh insights we've been working on.
The gender funding gap is holding firm
The Nordics are known as the world's most equal region - but what does that mean for startup funding? We’ve once again collaborated with Unconventional Ventures to explore funding in the Nordics through the gender lens. Some key findings:
All-women teams received 2.2% of Nordic startup funding in the last 4 years
All-women teams raise ¢75 on on the dollar of all-men teams at Seed stage
In Iceland, 49% of startups have at least one woman co-founder
Gender diverse VC teams invest in gender diverse founding teams
This week France's Ynsect raised $372M Series C from investors including Iron Man himself Robert Downey Jr, making it the largest agritech round in Europe to date. Overall European agritech funding has now increased 10x in 5 years.
With 2,100 edible species of insect worldwide and food demand set to increase by up to 70% by 2050, we might all one day become entomophagists (insect eaters). See the 88 insect-focussed startups hoping that's the case.
🤖 This State of AI report is a great read from Nathan Benaich and Ian Hogarth.
🇬🇧 London raised 57% of European fintech capital in H1 2020. At €1.74B, it's 3x the figure for H1 2018. More on European fintech with BCG, Expand Research & FinTech Control Tower.
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