Andy Murray continues his investments rally

Despite still smarting from his defeat in this month’s French Open final to Novak Djokovic, world tennis number two Andy Murray has announced further investments in UK start-ups via crowdfunding platform Seedrs.

In February, Murray identified five companies that he was willing to invest in.

He is now investing into three more British businesses using the Neil Woodford-backed crowdfunding platform Seedrs.

The new investments include Beeline, a navigation device and mobile app for bicycles. This business has already raised £500,000 (€633,152) in under a week from over 350 investors on the Seedrs platform.

Murray has also put money into Dog Tracker Nano, a tracking device that monitors activity, fitness and location of your pet. This is the company’s second round of Seedr investments.

His last investment is into blow LTD, which provides expert blow-dries, makeup and nails to customers’ doors or at one of its stores in Covent Garden and Canary Wharf. This company already has backing from investors including Unilever Ventures and the founder of ASOS.

“Every one of these entrepreneurs is passionate and dedicated to succeeding and I’m excited to have invested in their future growth,” said Murray in a statement.

©2016 funds europe

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