{
  "id": 17934551,
  "title": "Yvonne Bajela is bringing $17M in fresh capital to Europe’s startup scene",
  "url": "https://urgent.news/2026/11/03/yvonne-bajela-is-bringing-17m-in-fresh-capital-to-europes-startup",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-03T08:01:00.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/11/03/yvonne-bajela-is-bringing-17m-in-fresh-capital-to-europes-startup-scene/"
  },
  "original_language": "en",
  "account": "Yvonne Bajela, a veteran venture capitalist with over a decade of experience, has launched her own fund, Evertrue, and raised $17 million for Fund I. Bajela, who previously worked at LocalGlobe and Impact X Capital Partners, made notable investments in companies like Wise, Marshmellow, and Mooves. The newly established firm will focus on early-stage investments across the U.K. and Europe, with an average check size of £350,000 and plans to back at least 20 companies in the next three years. Bajela emphasized the importance of independence and the ability to act on her convictions as reasons for launching her own fund. She highlighted the democratization of building startups due to AI advancements, but also noted the rarity of creating enduring businesses. The U.K.'s startup scene, with hubs like King's Cross and companies like Revolut and ElevenLabs, is having a moment, presenting opportunities for early-stage investors like Bajela. While the U.S. market is described as a barbell market with capital concentrated among top performers, the U.K. region has raised $7.4 billion for emerging fund managers, surpassing the $6.2 billion raised in all of 2025. Despite the challenges of the fundraising process, Bajela secured backing from five institutional investors, including the British Business Bank and Basecamp. Evertrue will invest primarily in AI and fintech, with a focus on founders with unique insights, execution abilities, and ambitious goals.",
  "summary": "Evertrue Capital announces $17M debut fund to back early stage AI and fintech.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}