PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

VC firms extend virtual mentoring for female business founders to MENA

Playfair Capital and Global Ventures have launched ‘Female Founder Office Hours’ across MENA – with 150 of the world’s leading venture capital funds, including: Atomico, Balderton, Creandum, EQT Ventures, Firstminute, Localglobe, Northzone, Notion and Seedcamp – hosting virtual mentoring sessions for over 400 women founders from across MENA, the UK and Europe on 10  November 2022.

Launched in London in 2019, Female Founder Office Hours aims to break down barriers to investment for female entrepreneurs, notoriously underserved by the global investment community. Each founder meets four investors virtually for one hour to discuss their technology and business model, ask for advice, pitch for investment or find a mentor. The founders meet a mix of local and international investors to receive a diverse perspective on the business they are building and to broaden their network.

The event is being hosted by Playfair Capital, with the support of Dubai-based Global Ventures, Tech Nation, Google for Startups and Words + Pixels. The previous seven editions saw a total of 5,230 individual mentoring sessions, with 1,307 founders and 200 investors taking part. To date, 32 per cent of founders have gone on to raise £280 million of funding after attending an event, with success stories including Apryl, Freyda, HIVED, Vira Health, Opply, Sixfold Bioscience and SymTerra. 

The eighth edition is part of an ongoing and long-term commitment to redress the gender imbalance in fundraising, and includes expansion to MENA to engage and support the next generation of women founders around the world. 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured