Andy Murray joins Neil Woodford in Seedrs’ crowdfunding venture

Crowdfunding3Tennis champion Andy Murray has invested with the equity crowdfunding platform, Seedrs – the firm that fund manager Neil Woodford recently backed. Murray, the Scottish player who won the 2013 Wimbledon Championships, is backing three British businesses, including Tossed, a healthy eating chain, and Trillenium, a builder of 3D virtual reality shops. The third business that Murray has invested in is The Fuel Ventures Fund. Seedrs is the largest equity crowdfunding platform in Europe and Murray joined the Seedrs advisory board in June. The sum that the tennis star has invested is not disclosed. Seedrs says he plans to make further investments as part of a strategic relationship with the platform. The London-based Tossed has exceeded its £750,000 (€1.06 billion) target as part of the Seedrs funding round. Murray says: “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’s personal commercial ventures also include a management company, 77, and luxury Scottish hotel, Cromlix. In July, it was announced that the Woodford Patient Capital Trust has invested £7.5 million in the Seedrs platform along with Augmentum Capital. ©2015 funds europe

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