Bootstrap 4F deploys first capital from £130M Women Backing Women Fund of Funds into three venture funds
Bootstrap 4F, Female Focused Fund of Funds manager announce the first three capital commitments from the £130M first close bucket: to back high-performing, female-led venture funds across the UK. This marks a significant milestone for B4F after holding the first close on March 31st, 2026, less than three months ago.
The initial wave of capital has been successfully deployed into funds managed by two UK venture capitalists: Evertrue Capital I LP, Seedcamp VII LP and Seedcamp Nation II LP. This moment is just the beginning of Bootstrap 4F’s active deployment into a rigorously selected group of women-led venture capital managers with offices operating solely within the UK.
The deployments are the first of what Bootstrap 4F expects will be a portfolio of 20–25 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.
Designed to act as a catalyst to change how capital in the UK is allocated, the Women backing Women Fund of Funds is backed by four anchor limited partners: Barclays, the British Business Bank, M&G plc and Nationwide.
The Funds:
Evertrue Capital I LP
Bootstrap 4F’s first commitment is to Evertrue Capital I LP, 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, one of EMEA’s leading seed funds. Her track record includes investments in breakout companies such as Wise, Moove and Marshmallow.
Bajela’s path to founding her own fund spans Goldman Sachs, Mitsui, LocalGlobe and Impact X Capital, where she was a founding member and co-led the seed investment in Marshmallow, Britain’s second Black-founded billion-dollar tech startup. Bajela has been recognized in Forbes 30 Under 30 list. At Mitsui, where she became the youngest investment manager in a global workforce of 90,000, she led the investment in Wise when it was still TransferWise. She has lived and worked across Israel, Kenya and Japan, advising high-growth companies on international scaling. She then joined LocalGlobe as a Partner before launching Evertrue Capital, her own pre-seed fund, in 2026.
“The work Bootstrap 4F is doing is highly impactful, and I’m excited to be partnering with the team on this journey. Their belief in emerging managers and in expanding access to institutional capital resonates deeply with the ambition behind Evertrue Capital.” — Yvonne Bajela, Founder, Evertrue Capital
Seedcamp VII LP
The second commitment Bootstrap 4F has secured is an allocation in Seedcamp VII LP, Seedcamp’s 2026-vintage first-cheque seed fund, 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.
The fund is co-founded and led by Reshma Sohoni MBE. Sohoni has been named to the Forbes Midas List four times and ranked #1 on the FT’s most influential BAME tech leaders list. Seedcamp’s vintages are above the PitchBook top-decile and top-quartile thresholds.
“Seedcamp has always believed that the best founders are everywhere, not just in the places where capital traditionally flows. Bootstrap 4F’s decision to invest alongside us is a signal that the ecosystem is finally building the infrastructure to act on that belief at scale. I’m proud that Seedcamp’s track record, and our commitment to female leadership inside the firm, helped earn that conviction. I’m excited for the next 20 years of company building.” — Reshma Sohoni MBE, Co-Founder & Managing Partner, Seedcamp
Seedcamp Nation II LP
Bootstrap 4F’s third commitment is an allocation in Seedcamp Nation II LP, 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: Hilary Howe (GP, Select Strategy Lead) and Reshma Sohoni.
Independent analysis by Bootstrap 4F’s investment team found that 80% of companies in the Nation I predecessor portfolio have female leadership at founder, C-suite or board level, with 73–87% of companies UK-headquartered by count. Both metrics substantially exceed Bootstrap 4F’s mandate thresholds.
The growing success of Bootstrap 4F is backed by an incredibly active and highly selective screening process conducted through B4F’s dedicated GP portal.
While these milestones mark a significant beginning, the work is a world away from finished. The B4F team is continuously working hard to analyze the ongoing pipeline and source high-potential co-investments. Moving forward, the mandate remains unyielding: to ensure that substantial, transformative capital continues to be deployed into well-deserved, star-reaching funds that are actively reshaping the global tech landscape.
Read more about the Bootstrap 4F ‘Women backing Women’ initiate and criteria, or contact us via bootstrap-europe.com/bootstrap4f/
