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Women Backing Women Fund deploys first capital after £130m close

Evertrue Capital I LP, Seedcamp VII LP and Seedcamp Nation II LP are the first three recipients

Scotland Women in Technology
Image credit: Shutterstock / fadfebrian

Bootstrap 4F, the fund manager of the Women Backing Women Fund, has revealed its first three capital commitments since the fund’s £130m first close in March 2026.

The commitments to Evertrue Capital I LP, Seedcamp VII LP and Seedcamp Nation II LP mark the beginning of Bootstrap 4F’s active deployment into a select group of women-led venture capital managers with offices operating across the UK.

Evertrue Capital I LP is a 100% female-owned and female-led pre-seed fund founded by Yvonne Bajela.  An investor with over a decade of experience backing technology companies, Bajela was most recently at LocalGlobe, an EMEA seed fund. Her track record includes investments in breakout companies such as Wise, Moove and Marshmallow. 

Seedcamp VII LP, Seedcamp’s 2026-vintage first-cheque seed fund, is oversubscribed and backed by more than 100 Seedcamp founders and angels alongside institutional LPs. Seedcamp has backed over 500 companies since 2007, with a portfolio that includes Revolut, UiPath, Synthesia, Wise and Fluidstack. 

Seedcamp Nation II LP is Seedcamp’s dedicated select strategy, which enters primarily at Series B into breakout companies already within the Seedcamp core portfolio. The fund’s investment committee is 100% female, with Hilary Howe and Reshma Sohoni at the helm. 

Designed to act as a catalyst to change how capital in the UK is allocated, the Women Backing Women Fund is backed by four anchor limited partners – Barclays, the British Business Bank, M&G Investments and Nationwide. 

The deployments are the first of what Bootstrap 4F expects will be a portfolio of 20 to 25 venture fund investments. This pipeline reflects the demand for institutional capital in this segment of the market, with over 90 funds expressing interest so far. 

“Evertrue, Seedcamp VII and Seedcamp Nation II are each exceptional in their own right and show the depth and breadth of the opportunities we are seeing,” says Stephanie Heller Galantine, managing partner at Bootstrap 4F. 

“Yvonne at Evertrue’s conviction-led, early-stage approach and Reshma at Seedcamp’s near-two-decade track record are at each end of the spectrum. From high potential new names to established managers, we are linking commercial rigour and our gender mandate. Our focus is on high performance and the strong potential to deliver returns.”

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