Footballing icon turned businessman, David Beckham has joined the Barclay, Reuben, and Dellal families by investing in the vehicle electrification company, Lunaz…
Shrewd investor and classic car fan, Beckham takes a 10% stake in the company, joining the Reuben and Barclay families and Alexander Dellal who accompany founding investors; Navid Mirtorabi and CJ Jones – both entrepreneurs and investors in clean-tech startups.
Through his investment arm, Beckham has successfully identified and backed fast-growth start-ups in sectors as diverse as eSports and athletic recovery products.
“Lunaz represents the very best of British ingenuity in both technology and design. I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification. David Lorenz and his team of world-class engineers are building something very special and I look forward to being part of their growth.”
The company recently completed their latest addition to the luxury EV family – a 1961 Bentley S2 Continental Flying Spur which looks nothing short of incredible with its slick two-tone overcoat.
Lunaz has also announced it will be increasing its current 8,000 sq/ft facility to an impressive 40,000 sq/ft high-tech engineering, design, and manufacturing centre adjacent to its current home, making it the largest occupied manufacturing space within the Silverstone Technology Cluster.
David Lorenz, Founder and CEO, Lunaz:
“The upcycling of existing passenger, industrial and commercial vehicles presents a sustainable alternative to replacing with new. Our approach will save fleet operators’ capital while dramatically reducing waste in the global drive towards de-carbonisation. There is evidence everywhere in the global economy that responsibility and commerciality are no longer mutually exclusive. This top-tier investor commitment is testament to Lunaz’ path to defining the market for remanufacturing and conversion to clean-air powertrains.”
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