The responsibility lies with all players in the ecosystem
Women remain significantly underrepresented in the field of business angel investing. According to studies, only about 10 to 15 percent of business angels in Germany are women. Increasingly more programs are being developed to close this gap. Among other initiatives, Women Angels Mission ‘25 aims to attract more women to angel investing by networking investors, increasing their visibility, and providing concrete support for getting started. The FIN-Academy of the Female Investors Network also offers workshops, pitch training, and access to relevant events. Business Angels Deutschland (BAND) wants to make the business angels ecosystem more diverse through its Women Angels Mission ’25 initiative by increasing visibility and mobilizing investors, while at the same time encouraging female founders to implement their business ideas successfully.
Svenja Lassen, founder of the Female Investors Network and director of the FIN-Academy, sees the responsibility lying with all players in the ecosystem:
“It takes awareness that we all benefit from more perspectives and diversity in the startup ecosystem and that we can only increase the proportion of women together. For example, when every player, employer, and organizer questions whether there are enough women on the team or at events and actively addresses them and involves them in content. Or when investors and angels, as well as founders from Munich, bring their partners, friends, sisters, or colleagues to events like festivals, demo days, or pitch events and deliberately ask women for their opinions on a startup or business idea to get them excited about the topic, but above all to make better decisions together.”
With the FIN-Academy, they offer a low-barrier entry:
“We train women online who want to learn the basics of startup investments and become business angels. They don’t need any prior knowledge. After six weeks, they not only have the necessary knowledge but also the community to start making investments together.” Even if the proportion of women does not reach the target of 25 percent by the end of the year, an increase to 30 percent female investors by 2030 is achievable.”
More than 200 women have already completed the program, and the next round starts in October. Interested participants can register for the FIN-Academy here and start on October 6, 2025.
How do you get started in angel investing?
If you want to start angel investing in Munich, you’ll find an active network and numerous contact points. Baystartup regularly organizes matching events that bring investors and startups together. Werk1 in east Munich as well as the InsurTech Hub Munich also offer programs where founders and investors can connect. In addition, there are events such as the Munich Startup Demo Nights or the Munich Startup Festival, which are suitable for making first contacts.
If you want to get started on the topic completely new, you can acquire know-how through the FIN-Academy and exchange with a community of investors.
Our expert Svenja Lassen sums it up this way:
“If you’re interested, it’s best to follow the various players in Munich via LinkedIn, find out about their events, and then just go. The scene is generally very open, and my members and I are happy about any exchange and are happy to share knowledge and contacts. Don’t be shy, just get started!”
This gives beginners in Munich the opportunity to build both knowledge and networks. These are the two key building blocks for a successful start as a (female) business angel.
More visibility, more impact for business angels
In addition to capital, visibility is crucial. Investors who engage in panels, award ceremonies, or in the media not only strengthen their own profile but also serve as role models. In doing so, they help more women see angel investing as a possibility in the first place. Visible role models and targeted support programs lower barriers, build trust, and make entry into an ecosystem that is still exclusive easier.
