Ex-Phoenix Court Partner Launches $17M Solo Fund for European AI Startups
Yvonne Bajela, a former partner at London VC firm Phoenix Court, has closed Evertrue Capital, a $17m debut fund backing pre-seed AI and tech companies across the UK and Europe.
AfroEuropa Newsroom
AfroEuropa desk
Yvonne Bajela, a former partner at London venture capital firm Phoenix Court, has launched her debut solo fund, Evertrue Capital, a $17m vehicle aimed at backing early-stage artificial intelligence and tech companies across the UK and Europe.
Bajela, who invested in fintech company Wise and insurance firm Marshmallow during her earlier career, is positioning the fund to find Europe's next AI success stories, in a market where investors continue placing large bets on companies such as Lovable and ElevenLabs.
The fund's backers include her former employer Phoenix Court, through its fund of funds Basecamp, as well as the British Business Bank, Better Society Capital, Bootstrap 4F and Allocator One, alongside founders, operators and general partners within Evertrue's network.
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