Evertrue Capital launches $17 million fund for European AI startups

Nov 3, 2026
Yvonne Bajela's debut fund will invest about £350,000 per deal in at least 20 pre seed AI and technology startups across the UK and Europe.

Evertrue Capital, founded by former Phoenix Court partner Yvonne Bajela, has launched a $17 million debut fund for AI and technology startups, according to Tech.eu. The fund will invest at the pre seed stage across the UK and Europe.

Evertrue Capital expects to invest about £350,000 per deal and back at least 20 startups over the next three years. It can lead rounds or invest alongside other firms.

The fund is backed by Phoenix Court through Basecamp, the British Business Bank, Better Society Capital, Bootstrap 4F and Allocator One. It has already invested in seven companies, including automotive AI startup Revion, AI data and infrastructure company Poindexter Labs, and fintech company Zuba.

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