REPORT: VC funding for female founders in Nordics and Baltics plummets amid AI startup boom
11 feb. 2026
13:30
Female founders in the Nordics and Baltics were allocated even less capital in 2025, as male-led AI startups such as Lovable, Legora, and Tandem Health took the lion's share.
Only a very small percentage of VC investment into startups in the Nordics and Baltics went to female founders in 2025, suggesting a potential slowdown in support for women-led startups in the region.
On average, just 8% of total invested capital went to teams with one or more female founders. That’s down from 21% in 2024 – and significantly below the 16% global average for that year.