Bootstrap 4F deploys first capital from Women Backing Women Fund of Funds

Fund manager of the Women Backing Women Fund of Funds, Bootstrap 4F, has announced its first three capital commitments since the fund’s £130 million first close in March 2026. The commitments in Evertrue Capital I LP, Seedcamp VII LP, and Seedcamp Nation II LP mark the beginning of Bootstrap 4F’s active deployment into a rigorously selected group of women-led venture capital managers with offices operating across the UK.

These deployments are the first of what the fund manager expects will be a portfolio of 20-25 venture fund investments, as over 90 funds have expressed interest so far.

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

Commenting on the deployment, Stephanie Heller Galantine, Managing Partner, Bootstrap 4F, said: “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. … 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.”

First commitment: 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. Bajela has over a decade of experience backing technology companies, and 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. 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 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 explained.

Second commitment: Seedcamp VII LP

Bootstrap 4F has secured 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.

See Also

Planet Smart raises $1M to tackle plastic waste hidden inside nappies and pads

“Seedcamp has always believed that the best founders are everywhere, not just in the places where capital traditionally flows,” commented Reshma Sohoni MBE, Co-Founder & Managing Partner, Seedcamp. “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.”

Third commitment: Seedcamp Nation II LP

Bootstrap 4F also secured an allocation in Seedcamp Nation II LP, Seedcamp’s dedicated Select strategy, which will support follow-on investment to Seedcamp’s existing 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.