FiveThirteen
Susannah McClintock is an experienced investment professional currently serving as an Investment Partner at Clean Growth Fund since January 2022, focusing on supporting UK cleantech entrepreneurs with commercially viable solutions for reducing greenhouse gas emissions. In addition to this role, Susannah holds various board positions, including Board Investor Director at Rendesco, Above, Kamma, Arda Biomaterials, Futraheat, and Vector Photonics, as well as a Board Observer role at Clean Food Group. Susannah is also a co-founder of FiveThirteen, a nonprofit dedicated to promoting gender diversity within the cleantech sector, and participates in the Women in Cleantech Steering Group at the London Sustainable Development Commission. Susannah obtained a 1st Class Hons degree in Economics from the University of Exeter and has studied at Universidad de Valladolid.
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FiveThirteen
We are cleantech investors, and every day we hear well-meaning colleagues say things like “I’d love to invest in more women-run companies, but, well…. I just don’t see any!” In 2018, the London SustFiveThirteenable Development Commission authored a report to better understand why women-run businesses receive disproportionately less funding. In 2020, only 20% of all VC funding went to mixed-gender teams, and less than 2% to ones with all-women. Why is this? The report, and others like it, identify many complex factors, including lack of women with science & engineering backgrounds, lack of confidence, sexist behaviour - and access to finance. We’ve chosen to tackle the last one. We think that by shining a light on some great women-founded businesses, we can show that actually, there ARE some out there (not enough, but not none), and take aim at some of the barriers to them getting finance - like network bias, encouragement and recognition.