BGF is expanding its activities by launching a venture capital fund dedicated to earlier stage technology companies. The £200m fund will be run by a new London based team and will open for business this Autumn.
The initial team comprises Rory Stirling and Harry Briggs who both bring extensive venture experience from MMC Ventures and Balderton Capital respectively and Simon Calver, former CEO of Lovefilm.
Stephen Welton, chief executive at BGF said “Harry, Simon and Rory bring a strong mix of venture and entrepreneurial experience with ambitions to unearth some of the most exciting UK technology companies of tomorrow. With BGF’s extensive support network and £200m behind them, they have the financial firepower to quickly establish themselves as a major new ventures business.”
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