Deep Tech Diversity

Research into deep tech diversity provides some shocking statistics: 👉🏼 In the UK, 𝐣𝐮𝐬𝐭 𝟕.𝟓% of deep tech companies are fully female-founded. 𝟕𝟕% were fully male-founded. 👉🏼 In 2022, 𝐨𝐧𝐥𝐲 𝟎.𝟐𝟓% of European VC funding went to Black founders. 👉🏼 𝟕𝟓% of LGBTQ+ founders feel that they have to hide their identity from investors. This 𝐧𝐞𝐞𝐝𝐬 to change. Future deep tech diversity challenges include: 🗣️ 𝐁𝐢𝐚𝐬 𝐢𝐧 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Homogeneous teams can limit perspective and develop technologies with biased or unfair outcomes. 🧠 𝐒𝐭𝐚𝐠𝐧𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐭𝐡𝐢𝐧𝐤𝐢𝐧𝐠: Diverse teams are more likely to foster creativity & innovation, reducing the risk of “group thinking”. They tend to understand needs across a broader market reach too. 🧑🤝🧑 𝐓𝐚𝐥𝐞𝐧𝐭 𝐬𝐡𝐨𝐫𝐭𝐚𝐠𝐞: A lack of diverse leaders will create a domino effect, potentially discouraging others from entering the industry at all. Employee retention will be a larger issue too. The purpose of Deep Tech Diversity is to share the stories of female & diverse leaders in the deep tech sector; showcasing the positive impacts they've had and barriers that they've faced on the way. We hope to inspire future generations who are considering a career in tech innovation, but are perhaps hesitant. We also hope to change the level of understanding that majority demographics have about existing diversity challenges. Allyship is essential to shaping a positive future. Please follow us on... 👇🏼 YouTube: https://www.youtube.com/@DeepTechDiversity Spotify: https://open.spotify.com/show/1hvMQlU0lZI5ufy8GdOkKy Interested in sharing your story? Know someone who might? Please reach out to the enable Technology team to find out more!