News

October 9, 2020

Billions flood the Nordics but female founders just receive 1.3% of VC funding

The data shames the Nordic tech scene, but are things about to change?


Mimi Billing

4 min read

Swedish startup Grace health has raised capital from a number of female investors. Photo: Carl Lemon

Most people think of the Nordics as a region where men and women are treated pretty equally.

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From Unconventional VC:s Nordic startup funding report 2020.
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Average deal size when looking at 1733 investments from 2016 to the first quarter of 2020.
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Female founded startups generate 45% more revenue
Data from companies that have raised capital from 2016 to the first quarter of 2020.
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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