Evertrue Fund Raises $17M for UK AI

Yvonne Bajela announced her new fund, Evertrue, officially closed an oversubscribed $17 million round on Tuesday. The firm will focus on early-stage investing across the U.K. and Europe, backing at least 20 companies over the next three years with average checks around £350,000. Evertrue received five institutional backers, including the British Business Bank, which contributed £90 million to the initiative.