- Version 9 of Europe-wide Feminine Founder Workplace Hours is a key milestone for Europe’s largest variety led founder initiative
- This occasion will deliver collectively over 300 feminine founders and 165 VCs from among the world’s main funds
- The newest funding knowledge reveals that over £600m has been raised by corporations which have attended one of many earlier editions — a rise of £120m from the earlier 12 months
- Since October 2019, Playfair Capital’s workplace hours has delivered over 6,700 mentoring periods for girls founders throughout Europe
London 8 March 2023:
On Thursday twentieth April, 2023, Playfair Capital and 150 of the world’s main enterprise capital funds, together with Amadeus, Atomico, Balderton, Cherry, Creandum, Notion, LocalGlobe, Partech, Point9, Octopus, and Seedcamp can be holding distant workplace hours for greater than 300 feminine founders from throughout Europe.
Dishing out with the necessity for heat introductions and breaking down the obstacles to funding, every founder can have the chance to fulfill 4 buyers throughout one hour of distant workplace hours to debate their tech enterprise concept, ask for recommendation, pitch for funding or discover a mentor.
The occasion is being held by Playfair Capital as a part of their long-term dedication to handle the gender imbalance in enterprise funding and can proceed the usage of AI matching know-how. This know-how improves the relevance of founder to investor matching, and will increase the chance of related conversations and, in the end, funding being secured.
The earlier eight editions noticed a complete of 6,700 particular person mentoring periods with over 1,673 founders and 185 buyers collaborating. Thus far, 25% of founders have gone on to lift funding after attending an occasion, with latest success tales together with Spottitt, Muse Finance, Daye, Whoppah, Shopper and Maxwellia. This quantities to £600m in complete funding that has been disclosed.
Jeevan Sunner, Playfair Capital’s Principal, commented:
“Throughout occasions of financial instability, it turns into extra vital than ever to help underrepresented founders in gaining access to buyers and alternatives to safe capital. On at this time, Worldwide Ladies’s Day, we’re excited to proceed this initiative into its fourth 12 months and ninth version, and to reaffirm our dedication to doing our bit to redress the gender imbalance in enterprise.”
Chris Smith, Playfair Capital’s Managing Companion, added:
“Three and a half years because the first version of Feminine Founder Workplace Hours and I’m delighted to see that momentum continues to develop. The newest funding knowledge reveals that £600m has been raised by founders who’ve attended one of many occasions, and we’re properly on the best way to smashing the billion pound mark and past. I’m enormously grateful to everyone who has supported, and continues to help, this initiative.”
For extra data and to make an utility to attend the occasion please go to: http://playfaircapital.com/ffoh/
About Playfair Capital
Playfair is a generalist fund with a contrarian method to pre-seed know-how investing. Based mostly in London, Playfair invests throughout the UK and Europe with an deliberately excessive conviction, low quantity method: making 6–8 investments a 12 months and preserving time, capital and useful resource to assist corporations post-investment. Playfair has backed 70+ corporations throughout two funds together with Thought Machine, Andela, Mapillary and Omnipresent.