Wendy Tan White joins BGF Ventures
Investor and entrepreneur Wendy Tan White is leaving startup builder Entrepreneur First (EF) to join the venture capital arm of the Business Growth Fund (BGF). Wendy, one of the Top 5 Women in Tech 2017 on our list, joined EF less than two years ago as a venture partner, along with her husband Joe White. The pair co-founded startup-building website Moonfruit, before selling it to Yell in 2012 for £23m in cash. They became general partners at EF in March 2016 when the accelerator raised its most recent £40m fund.
Tan White will be a partner at BGF Ventures, which is backed by five of the UK’s main banking groups. She will help manage a £200m fund. “I want to help UK early stage tech companies really scale,” she tells WIRED. “I’d like to work with fewer teams more deeply through each stage of growth and use the full range of experience I have.”
Tan White will remain an LP and a shareholder at EF. “I’m still fully behind EF,” she says – a profession of loyalty that is perhaps more believable given that her husband Joe is staying at the startup builder, where he’s been promoted to global CFO.
