Former top footballer David Beckham (46) has taken a 10 percent stake in Lunaz, a UK-based car restoration and electrification company. It is not the former captain of the English national team’s first investment. He previously invested in companies active in the field of e-sports, cannabis and now also cars.
David invests through his investment vehicle DB Ventures. The value of the deal with Lunaz was not disclosed. The footballer was drawn to the company by the work they are doing to restore some of the finest classic cars and also electrify them, he said in a statement. Then it goes from a classic Rolls-Royce to a Jaguar and from a Range Rover to a Bentley. Lunaz was founded in 2018 by David Lorenz.
David became a co-owner of the London-based virtual sports academy Guild Esports last year. He also co-owns Inter Miami American football club and has a nearly 5 percent stake in Cellular Goods, which makes skin care and athletic repair products based on biosynthetic cannabinoids.
David Beckham buys 10% stake in UK-based electric vehicle company Lunaz pic.twitter.com/0rJtqbLk1Y
— Reuters (@Reuters) June 3, 2021