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Andy Murray to advise crowdfunding firm Seedrs | Andy Murray to advise crowdfunding firm Seedrs |
(about 2 hours later) | |
UK tennis star Andy Murray has teamed up with crowdfunding firm Seedrs, to advise on businesses related to sport and wearable technology. | UK tennis star Andy Murray has teamed up with crowdfunding firm Seedrs, to advise on businesses related to sport and wearable technology. |
Crowdfunding is a way of raising money through lots of small investments from a large number of people, not necessarily professional investors. | Crowdfunding is a way of raising money through lots of small investments from a large number of people, not necessarily professional investors. |
Murray said he had "always been interested in investment" and that helping UK start-ups appealed to him. | Murray said he had "always been interested in investment" and that helping UK start-ups appealed to him. |
He recently purchased the Cromlix Hotel near Dunblane, where he was born. | He recently purchased the Cromlix Hotel near Dunblane, where he was born. |
'Different perspective' | 'Different perspective' |
The two-time Grand Slam champion has committed to investing a "substantial amount" of his own money, as well as joining the advisory board, a spokesperson said, but details of how much he was putting in were not disclosed. | The two-time Grand Slam champion has committed to investing a "substantial amount" of his own money, as well as joining the advisory board, a spokesperson said, but details of how much he was putting in were not disclosed. |
He has already invested in several Seedrs start-ups. | He has already invested in several Seedrs start-ups. |
Seedrs chief executive and co-founder Jeff Lynn said: "We believe he can bring a different perspective into certain aspects of the early-stage business community in the health, sport and wearable technology spaces." | |
Murray is currently ranked number 3 in the world and has just reached the semi-finals at the French Open. | Murray is currently ranked number 3 in the world and has just reached the semi-finals at the French Open. |
He is the reigning Olympics champion in singles, and has also won the US Open and Wimbledon titles. | He is the reigning Olympics champion in singles, and has also won the US Open and Wimbledon titles. |