Europe's missing €199B

Europe's missing €199B

Greetings,

It’s Thomas again, TNW’s managing editor. I’ve missed you.

International Women’s Day is fast approaching, and who better to explain its importance than a man like me?

All kidding aside, I do try to be an ally to women in tech. I mean, why wouldn’t I? After all, the benefits extend to men as well. With greater meritocracy in the sector, we will all get better products, services, and economies.

Yet IWD typically arrives with disappointing new data about inequality. Women in tech are continuously found to be underfunded, overlooked, and underestimated. They’re often forced to endure blatant sexism and discrimination.

The ethical case for supporting them is obvious. The potential business benefits are also immense.

We reported on a prime example this week. Fairer representation of women-led deep tech firms in Europe could have unlocked €198.8bn, according to a new report.

Despite the gloom, there is cause for hope about the future. One is the transformative technologies being developed by female leaders. We asked four of them for their thoughts on gender equity.

We also profiled one of the most successful women — or, indeed, people of any gender — in Dutch tech: Vidya Peters, the CEO of DataSnipper, the fastest-growing IT company in the Netherlands for two years in a row. Peters will also speak at TNW Conference in June. Women attending the event can get 50% off the ticket price.

Supporting these causes should be a no-brainer for all of us. Because a fairer tech sector will create a better world for everyone. Read on for our top stories this week ??

?? €199B: The cost of overlooking European deep tech firms led by women


What else we’re writing about

??? Over the last 10 years, Apple, Google, and Meta have handed over data on 3.1 million accounts to the US government, according to a new report by Swiss software company Proton.?

?? Europe doesn’t have to follow the Silicon Valley playbook says DataSnipper CEO Vidya Peters, a speaker at this summer's TNW Conference.

?? Germany’s armed forces have commissioned Bremen-based startup Polaris to develop a two-stage, fully reusable hypersonic space plane.

?? QuantWare claims to have created a 3D chip architecture that offers the fastest route to a 1-million qubit quantum computer.

?? Tech companies are cashing in on the bizarre science of organ preservation.


Sponsored by TNW Conference

Celebrating Women in Tech ??

TNW Conference is a place where we get inspired by those who dream big enough to try and change the world. This year again we’re putting the spotlight on female founders, inviting pioneering women to our stage to share their growth journeys and success stories.

At TNW Conference, we help bridge the gap for women with our Women in Tech pass. Get all the benefits of the conference for a discounted price. Get your Women in Tech pass today.

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