Round counts also fellfrom 57 to 49 year-over-year. While women-founded 2025, down from EUR 396 million in 2024. This represents approximately 13.6% companies showed funding activity across all stages, large rounds remain sporadic. However, women-founded companies that secure initial of total VC, a decrease from the 16.7% share achieved in 2024. funding continue to scale at rates comparable to the broader ecosystem, No women-founded company raised above EUR 50 million in 2025, compared round. The overall volume remains concentrated in early-stage rounds below EUR 15 million, which account for the majority of deal count.