Partly Cloudy

Partly Cloudy

max temp: 12°C

min temp: 9°C

ESTD 1874 Search

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.

Search hundreds of local jobs at Jobs24


Welcome , please leave your message below.

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

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

John Dugmore, chief executive of Suffolk Chamber of Commerce, cuts the ribbon to open the new TravelQuest branch in Ipswich, with members of the TravelQuest team.
From left, Vicki Wood, Poppy Brown, John Dugmore, Michelle Thake, Paul Hardwick and Karen Jones.

A Suffolk travel company has expanded with the opening of a second branch.

Terry Hunt, editor of the East Anglian Daily Times, left, and Boshor Ali, chairman of the Bangladeshi Support Centre (BSC), right, with other supporters of the Suffolk BME Business Awards from Ipswich Borough Council, Suffolk Chamber of Commerce, the University of Suffolk and the BSC.	
Photo: Nigel Brown

More than 40 nominations have been received for the inaugural Suffolk BME (Black and Minority Ethnic) Business Awards.

Tim King, group fleet manager at Turners (Soham), left, takes delivery of the firm's newest truck from Eddie Hennessy, regional manager of DAF Trucks UK, representing regional dealership Chassis Cab. 
Photo: Keith Mindham Photography

Suffolk-based logistics company Turners (Soham) Ltd has reported increased annual revenues and profit, and says it is “well placed” for further success despite competitive market conditions.

Sandy Jackson - Mark Westley Photography

British Gas has been forced to backtrack after repeatedly billing a 91-year-old great-grandmother for hundreds of pounds more than she owed.

Ian Thoroughgood, associate director at Grant Thornton in Ipswich, with Jonathan Agar, chief executive of Birketts.

Business advisers firm Grant Thorton is to unveil its 15th “Suffolk Limited” report next month on how the county’s leading businesses have performed over the past year.


Show Job Lists

Most read

Most commented

Topic pages


Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24