Ex-Phoenix Court partner launches $17M debut solo fund to discover next Lovable

Yvonne Bajela, a veteran investor who backed fintech unicorn Wise and insurtech firm Marshmallow at Phoenix Court, has established her first independent fund with $17M in commitments. Evertrue Capital will focus on AI and tech companies in early stages, deploying typical cheques of around £350,000 across the UK and Europe. The fund is backed by her former employer Phoenix Court and multiple institutional and individual LPs, aiming to support around 20 startups over three years.

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