"We can only win this together by bringing diverse teams around one common purpose"
Siemens Energy Ventures and Carbon13 partner to grow the number of female climate tech founders
Climate entrepreneurship is still a relatively new sector of a startup ecosystem which is already known for under-investing in female leaders. Just 2% of funding from Venture Capital goes towards female-led startups. This is despite proof, time and time again, that the most successful startups are those with female founders. We see an opportunity to do better in climate tech.
And that’s why we are setting the starting point for a strong European female climate tech founder community. With a strong innovation history, coupled with market access, networks, and deep technology know-how, we are proud to partner with Siemens Energy Ventures, whose unique blend of expertise can empower our growing community enormously.
Since 2021, 64% of the start-ups invested in by Carbon13 have had female founders. But, there is so much more to do: the ratio of men to women on the Carbon13 Venture Builder cohorts has never been higher than 2:1. We are working towards 1:1. Otherwise, we are missing out on some of the most desperately needed solutions to climate change, because this industry is excluding the women who will build them.
We are very happy and grateful to have found a partner in Siemens Energy Ventures. We are actively working together to increase the proportion of female climate tech founders in our Venture Builder Berlin and, through this, in the entire European climate tech ecosystem.
This partnership means a combination of financial support and targeted mentoring for female climate tech founders. A focus is to strengthen stamina and tenacity, essential to build a climate tech start-up in general, but even more so in a male-dominated start-up and funding system.
“We know that 35% of emissions reduction needs to come from technologies that are not commercialized yet. Working with Carbon13 and supporting their founders in building those emerging climate technologies is critical to build the next bench of companies driving the energy transition. We can only win this together by bringing diverse teams around one common purpose.”
Siemens Energy Ventures needed no convincing of the importance of tackling the lack of diversity in entrepreneurship. Acting quickly to change the trajectory of climate change depends on everything we can do to accelerate climate tech. This includes bringing more women from science, technology and business to create and deploy solutions at scale.
