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JUNE 2023 INTRODUCTION Why gender parity matters The tech start-ups industry faced a major crisis in 2022 due to the prevailing economic context of inflation, rising interest rates and decrease in the volume of fundraising rounds. Historically, when an economic crisis occurs, women tend to be the first to suffer the economic hit. The gender gap in funding is no exception. Considering the catastrophic situation across the Atlantic, where start-ups founded by women experienced a decline of over 20% in VC funding allocation in the past year (dropping from 2.4% to 1. 9%), it piqued our curiosity to explore the situation in Europe. Our objective is to assess the representation of women within the start-up ecosystem in Europe. The results are concerning, to say the least. Once again, we have decided to collaborate with BCG, strengthening our partnership a $ 亡 飞 』 · 寻 芒 王 S established in 2019. SISTA x BCG proudly present the first European Barometer on the financing conditions for women leaders in start-ups. We aim to deliver an unbiased and 王安JA 9 Z aD