Yvonne Bajela launches Evertrue, a $17M early-stage VC fund for UK and Europe
Former LocalGlobe and Impact X investor Yvonne Bajela announced the close of an oversubscribed $17 million debut fund called Evertrue. The fund has already backed seven companies with an average check size of about £350,000, and plans to invest in at least 20 companies over the next three years, focusing on early-stage startups in the U.K. and Europe.
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Bajela's move suggests growing confidence in Europe's early-stage startup scene, particularly in the UK, which has produced notable companies like Revolut and Synthesia. Her comments about AI democratizing startup creation hint that new fund managers may see expanded opportunities to find promising founders early, though she acknowledges that raising capital remains difficult for emerging managers given a market where funding is concentrated among established firms.
- Evertrue closed an oversubscribed $17 million debut fund focused on UK and European startups
- The fund has already backed seven companies with plans for at least 20 total over three years
- Bajela cites the AI boom as a factor reshaping startup economics and early-stage investment opportunities
Source: techcrunch.com — Dominic-Madori Davis, 2026-11-03
Published there as: “Yvonne Bajela is bringing $17M in fresh capital to Europe’s startup scene”
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