Zerno Ventures is the first VC impact fund in Russia with a gender lens. The goal of the fund is to form a venture portfolio with at least 50 percent female-founded startups. The authors of the survey conducted polls and in-depth interviews with female and male founders and CEOs of Russian startups, as well as turning to open sources on venture capital financing in Russia and the world (Dsight, Crunchbase, and Pitchbook).
The issue of gender diversity in the venture capital industry has been actively studied and discussed all over the world. For the Women in Russian Venture Capital 2021 report, the authors were particularly curious to understand the gender diversity of Russian founders. One of the main conclusions of the study is that the number of woman-founded startups in the Russian Federation is comparable to that of the rest of the world, but they attract less investment, even though they demonstrate resistance to crisis and potential for growth.