Recent reports reveal that the majority of Angel Investors in the Greek startup ecosystem are male, typically aged between 35-44 years old. These investors often choose to invest in companies based on personal connections with founders, bypassing the available tax incentives.
In Greece, the latest data indicates that a significant sum of Euro 485 million has been injected into the startup ecosystem. Out of every 10 companies, 4 are headquartered in Greece, 2 have a female co-founder, none have an all-female founding team, and 4 feature an angel investor on their cap table.
According to Pitchbook's VC European female founders dashboard, startups exclusively founded by women in Europe secured a mere 1.8% of the total venture capital invested in venture-backed startups in 2023.
Focusing primarily on scale up Companies Poised for Growth: Investing in female teams demonstrating problem-solving capabilities over a minimum of three years. When we consider investments, factors we prioritize include:
Diversity Across Dimensions: Seek companies that exhibit diversity beyond gender, encompassing race, ethnicity, and varied backgrounds.
Scalability and Market Demand: Assess the business model's alignment with market needs and its potential for scalability.
Innovation and Competitive Advantage: Prioritize investments in companies offering innovative solutions or holding a distinct competitive edge within their industry.
The Club, the pioneering female angel investor club in Greece, targets female-led ventures in healthtech/biotech, retail/e-commerce, Edtech, beauty/wellness, sustainable/cleantech, product/services sectors. It brings together a diverse group of female talent, entrepreneurs, senior leaders, corporates, and family offices, all united by the vision to transform the funding landscape in Greece and beyond.
The Blossom Syndicate enhances this vision by consolidating smaller investments into a single entry on the cap table, focusing on scale-up ventures across Europe and UK, predominantly led by Greek female founders. The Syndicate, leveraging the expertise of advisors and industry veterans, follows structured processes in deal flow and selection, due diligence, and provides ongoing support post-investment.
