Sifted recently updated their list of female VC partners in Europe – a year after our first list, we are pleased to see the number have grown from 200 to over 300. A healthy jump, even if it requires a lot of work.
There are moments of impressive advances in gender equality in the VC industry, such as Europe’s largest female-led VC firm Revia, which recently closed a €250m development fund, but by and large there always is still a glaring gap – a survey from this year only showed that 15% of the general partners in European VC funds are women.
Not only traditional VC houses are on the rise – corporate venture capital also boomed last year. With that in mind, Sifted has listed CVC partners in Europe you need to know about.
If anyone is missing from this list, please let us know via email [email protected],
Europe’s CVC partners for women
Rana Lonan, Managing Director of DRX Capital
Lonen is another female VC from Europe who works for Novartis — although she is chief executive of DRX Capital, the pharma giant’s digital health-focused CVC.
There are four areas of interest in CVC: data science and AI, R&D optimization, commercial execution, and patient care. It invests in companies that are transforming healthcare through digital technology, and this can help companies increase operational efficiencies, transform their business models and improve access to healthcare.
Anja Koenig, global head of the Novartis Venture Fund
König began her career at McKinsey, where she was an associate partner in the company’s pharmaceutical practice for nearly six years before joining US pharmaceutical company Novartis. She has been Global Head of Novartis Venture Fund (NVF) for the past five years.
During this time, he held several biotech board positions as well as a position on the investment committee of ETH Zurich – the public research university that boasts one of the best university spin-out experiences in Europe.
NVF invests in biotechnology and biopharmaceutical life science companies and is phase independent and invests in startups beyond the seed phase.
Carol Neuchterlein, Head of the Roche Venture Fund
Nueschterlein has been with Roche’s CVC – the Roche Venture Fund – since its inception in 2001.
The Roche Venture Fund is a CHF 750 million (€768 million) evergreen fund investing in life science companies in the pharmaceutical, diagnostics and digital health sectors.
Malin Karlstrom, Head of Ventures at ABB Electrification
Karlström ABB is Head of Ventures for Electrification – the arm of ABB Technology Ventures (CVC of technology company ABB) responsible for sustainable electrification.
It invests in companies that enable sustainable electrification from generation to consumption and has multiple focus areas: Oil, Gas & Chemicals, Food & Beverage, Railroads, Infrastructure and Microgrids.
Karlstrom is also a business angel.
Susanna Chiu, Head of Amadeus Ventures
Chiu, a graduate of London Business School, joined Amadeus Ventures in April 2012 after pursuing a career in investment banking. In February 2014 he was promoted to Head of Amadeus Ventures – the CVC arm of Spanish IT company Amadeus.
CVC invests in early-stage startups focused on the travel industry, be it related to airlines, airports, hotels or travel agents.
Megumi Ikeda, Managing Director of Hearst Ventures
Ikeda has been Managing Director of Hearst Ventures – the European CVC arm of global media company Hearst – for more than eight years. It invests in fast-growing media and technology startups, and according to Dealroom Data, most of its investments are in Series A, B, and C.
Ikeda’s previous experience includes leading the European arm of the Peacock Equity Fund – a $250 million venture fund co-founded by GE Capital and NBCUniversal. He also has journalism experience, beginning his career as a reporter for Dow Jones in Tokyo.
Mirjam Stolz, Managing Director of Axel Springer Digital Ventures
Stolz was Head of Finance at Axel Springer Digital Ventures before becoming Managing Director in December 2019. Axel Springer Digital Ventures is the CVC arm of the German publishing house of the same name.
It has three main points. It invests directly in startups that focus on classified portals, marketplaces and media; It invests in the early stages through APX, which it founded with Porsche Ventures; And it also acts as an LP and invests in venture capital firms like Project A, Lakestar, and Remaign Ventures.
Lisa Smith, Managing Director at Bitomoro Ventures
Smith is a graduate of Harvard Business School and has held positions including chief engineer at Unilever, associate manager at McKinsey & Company, director of Unilever Ventures and co-founder.
She is now Managing Director of Btomorrow Ventures, British American Tobacco’s CVC arm. CVC typically engages as a co-investor in Series A deals, but also invests at the seed level. It focuses on startups related to health and wellness, science and sustainability.
Tom Nugent is the digital editor of Sifted. he tweets @TJNugent92,