David Beckham buys stake in UK electric car firm Lunaz By Reuters

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© Reuters. FILE PHOTO: Former soccer player and MLS team owner David Beckham speaks during an interview in the Manhattan borough of New York City, New York, U.S., February 26, 2020. REUTERS/Carlo Allegri/File photo

(Reuters) – Soccer star David Beckham has taken a 10% stake in Lunaz, a UK-based car restoration and electrification company, as the former England captain builds a repertoire of investments in startups related to e-sports, cannabis and now automobiles.

The deal value was not disclosed. Lunaz did not immediately respond to a request for comment, while Beckham could not be immediately reached.

Beckham will join Lunaz’s founders and the Barclay, Reuben and Dellal families as a shareholder, Lunaz said on Thursday.

The company added that Beckham had invested in Lunaz through his personal investment vehicle, DB Ventures.

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