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Saturday, June 19, 2021

David Beckham takes his stake in the electric world

The soccer star just bought a ten percent stake in the electric-car firm Lunaz. The UK-based firm is a car restoration and electrification company focused on classic British cars conversions with electric powertrains. The former England soccer captain is a diversified investor with stakes in e-sports, cannabis and now Lunaz. Beckham invested in Lunaz through his investment vehicle, DB Ventures, but no information was disclosed on the value of the deal. 

Lunaz was founded in 2018 by David Lorenz. His company focuses on re-engineers and electrifies classic cars made by Rolls-Royce, Jaguar, Range Rover and Bentley. The ideology of the company is to propel the timeless aesthetics of the worlds most beautiful classic cars into the future. Beckham commented, “I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification.” He will join Lunaz’s founders and the Barclay, Reuben and Dellal families as a shareholder. 

Source: Lunaz

Beckham became co-owner of London-based virtual sports academy Guild Esports last year. He also co-owns Major League Soccer’s inter Miami and has almost 5% stake in Cellular Goods (skincare and athletic recovery products based on biosynthetic cannabinoids).

Source: Lunaz

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