Partly Cloudy

Partly Cloudy

max temp: 15°C

min temp: 15°C

ESTD 1874 Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

Andy Murray invests in British start-ups

13:18 19 August 2015

Andy Murray is expanding his business empire.

Andy Murray is expanding his business empire.

Tennis star Andy Murray is expanding his off-court interests with investments in three British start-up companies through crowdfunding platform Seedrs.

The world number two, who joined the advisory board of Seedrs in June, has taken a stake in healthy eating chain Tossed; 3D virtual reality shop company Trillenium, which has been backed by online fashion firm ASOS; and Fuel Ventures Fund, founded by entrepreneur and investor Mark Pearson.

Murray said: “The three businesses I’ve chosen to kick off my crowdfunding investment portfolio are all in areas of industry I find interesting.

“Healthy eating is something I have to be passionate about as a sportsman, so Tossed was immediately one to consider, and the other two businesses are really pushing the boundaries of technology.”

Murray has not disclosed the amount of his investment in the businesses.

The move sees Murray, who confirmed earlier this month that he is expecting his first child with wife Kim Sears, expand his growing business empire, adding to his management company 77 and luxury Scottish hotel Cromlix near his hometown of Dunblane.

Tossed has now raised more than its £750,000 crowdfunding target, while Trillenium has so far raised more than £225,000 and Fuel Ventures Fund has notched up £549,900 on Seedrs as part of its overall £30 million venture fund.

Murray said: “I’m excited to be investing in these driven entrepreneurs and their businesses on Seedrs.

“It’s important to me that I back people who I believe have the same dedication, hunger and professional standards as myself and always strive to be their best.”

He added that being involved with fast-growing start-ups may help him on the tennis court.

“I’m hoping that I can learn something from how they are edging ahead of the competition and take that vision onto the court with me,” he said.

Murray also plans to make further investments on the Seedrs platform.

News of his crowdfunding investments came just days after the British number one ended his drought against world number one Novak Djokovic, winning the Rogers Cup in Montreal.

Murray beat Djokovic in three sets to take his 35th career title in a boost ahead of the US Open, which starts later this month.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Jenny Hill, systerms and administration manager at TA Hotel Collection, receives her Managing Director's Award from Grahame Tinnion, right, manager director of TA Hotel Collection, and Simon turner of award spnsor Sumaridge Estate Wines.

Suffolk-based hotels group TA Hotel Collection has announced the winners of its 2016 team awards during a celebratory evening held at its Thorpeness Country Club venue near Aldeburgh.

Stock image. Despite road signs saying the road is shut, businesses along the B1113 are open for business. The road closure is not in affect for more than seven miles from the point of closure at the roundabout for the Old Neton Road between Stowupland and Stowmarket.

Business owners in mid Suffolk have claimed road works scheduled to run until September will affect trade numbers over the summer months.

Rooney Anand, chief executive of Greene King

Pubs and brewing group Greene King today reported a 60% increase in annual pre-tax profits after a “transformational” year which saw it become the UK’s largest operator of directly managed pubs.

Sizewell C

The vote to leave the European Union has posed fresh doubts over the likelihood of a new nuclear power plant in Suffolk.

The Greene King name is set to appear on more pubs.

The Greene King name will be appearing on even more pubs as a result of streamlining in the enlarged group’s portfolio of brands.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

Great British Life

Great British Life
MyDate24 MyPhotos24