Yvonne Bajela Launches New $17 Million Venture Fund
After more than a decade of navigating the competitive venture capital landscape, Yvonne Bajela Launches her own independent firm, Evertrue. The fund has officially closed with $17 million in fresh capital, marking a significant milestone for the European startup ecosystem. Having previously held key roles at LocalGlobe and Impact X Capital Partners, Bajela brings a wealth of experience in backing high-growth companies like Wise and Marshmellow.
Yvonne Bajela Launches: The Strategic Vision Behind Evertrue
The firm is specifically targeting early-stage companies across the U.K. and Europe, with plans to support at least 20 startups over the next three years. When Yvonne Bajela Launches a portfolio, she typically commits around £350,000 per check, focusing on founders who demonstrate the ability to build enduring businesses. This specialized approach is designed to provide more than just cash; it offers the conviction-led guidance she honed while working with some of the region’s most successful unicorns.
The current market environment, characterized by an unprecedented AI boom, served as a primary catalyst for this move. Bajela notes that while the ability to build software has been effectively democratized, creating a lasting enterprise remains a difficult task. As Yvonne Bajela Launches her investment strategy, she intends to prioritize talent that can scale effectively within this new economic reality.
Navigating the Funding Landscape
Securing capital in the current economic climate is notoriously difficult, even for experienced investors. The fundraising process for Evertrue was a rigorous, multi-month grind. Bajela emphasized the emotional and professional toll of prolonged negotiations, stating that time is the most precious resource for any founder or fund manager. Despite these challenges, the firm successfully secured backing from five institutional investors, including the British Business Bank.
- Fund Size: $17 million
- Average Check Size: £350,000
- Investment Horizon: 20 companies over 3 years
- Focus: Early-stage U.K. and European startups
What This Means for the U.K. Tech Scene
The U.K. startup scene is currently enjoying a surge in activity, with hubs like King’s Cross attracting global attention. Companies such as Revolut and ElevenLabs have set a high bar for scaling success. As Yvonne Bajela Launches her operations, she joins a growing cohort of emerging fund managers who are finding success despite broader market tightening. Data from PitchBook indicates that emerging managers in the region have already raised $7.4 billion this year, outpacing previous annual totals.
Ultimately, when Yvonne Bajela Launches her next phase of investing, she does so with a clear mission: to identify the next generation of British talent before they become household names. For the broader European market, her entry provides a fresh infusion of capital and a disciplined, conviction-driven approach to early-stage growth.