Yvonne Bajela launches $17m debut fund for early-stage European AI and tech
Business · First reported 3 Nov, 10:45 · Updated 10:55
Evertrue Capital plans to invest in pre-seed companies across the UK and Europe, with typical cheques of about £350,000 and a target of at least 20 startups over three years. It has already invested in seven companies.
- Yvonne Bajela launched Evertrue Capital, a $17m debut fund focused on pre-seed AI and technology companies across the UK and Europe.
- The fund expects typical investments of about £350,000 and plans to back at least 20 startups over the next three years.
- It has invested in seven companies so far, including AI businesses Revion and Poindexter Labs, and fintech company Zuba.
Summary written by Lux AI from 2 articles
Key facts
- Fund
- Evertrue Capital; $17m debut fund.
- Founder
- Yvonne Bajela.
- Stage and focus
- Pre-seed AI and technology companies in the UK and Europe.
- Typical cheque
- About £350,000.
- Planned portfolio
- At least around 20 startups over three years; seven investments have been made so far.
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- An earlier Lux summary said Creandum’s $750 million Fund VIII would invest in seed- and Series A-stage companies, with capital for new investments and follow-on rounds. [932c109e-16cd-42d9-94a0-25fdeb2832cb]
- That earlier summary also said Creandum had opened a San Francisco office. [932c109e-16cd-42d9-94a0-25fdeb2832cb]
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