Why gender diversity in deep tech is a €181 B opportunity
In the fast-paced world of deep tech, the numbers tell a compelling story. Women-led companies account for just 0.6% of all non-IPO exits, yet they generate 11% of the total value? Or that 42% of STEM graduates are women, but only 20-25% hold leadership positions in top-tier institutions.
These disparities aren’t just a question of fairness—they are limiting innovation and economic growth.
GENDEX offers a comprehensive, data-driven look at these challenges. By tracking gender diversity across three critical tiers;
- Talent
- Intellectual & Social Capital
- Asset & Investment
GENDEX provides actionable insights into where women are falling behind in the deep tech ecosystem and why it matters. The report highlights that not only are women founders underrepresented, but their companies also face lower investment terms and longer delays in securing funding.
See the executive summary here
The reality in numbers
- Women-led startups receive just 0.6% of non-IPO exits, but account for over 11% of the value raised.
- On average, it takes women founders 12 months to secure their first term sheet—compared to 7 months for men.
- In the biotech sector, women-led companies are securing more rounds than their male peers.
- The valuation at IPO for women-led companies is 34% higher than that of male-led firms. And yet, women-led companies still close only 1 deal for every 3 closed by men.
This isn’t just a matter of fairness—it’s an economic imperative. With female-led companies generating stronger valuations at exits, it’s clear that gender diversity drives better business outcomes. GENDEX calls for a shift from narrative to evidence-based action, empowering stakeholders to make informed decisions that break down these barriers.
According to GENDEX estimates, closing the gender gap in deep tech could unlock €181 billion in economic value across Europe. That’s not just good news for equity—it’s a compelling business case.
See the scorecard data dashboard here
But change requires action. What can we do?
Our recommendations are clear and actionable. For policymakers, it’s about improving data collection, supporting women with IP protection, and using public funds to drive equitable investment practices. For investors, it’s time to have a change in mindset on how we view women-led startups, not as risks, but as opportunities. Reducing unconscious bias, diversifying investment teams, and amplifying success stories can help shift the narrative.
To ensure this progress continues, GENDEX has launched two powerful tools designed to turn insight into action:
GENDEX Index – A publicly available online dashboard that allows anyone to benchmark gender diversity across Europe’s deep tech ecosystem.
GENDEX Pulse – A dedicated performance tool for investors to assess how their portfolios measure up against gender diversity metrics, while contributing to richer, real-time data collection.