Murray family lead funding rounds for two Scottish start-ups amid pandemic

By Scott Reid
Published 26th Jan 2021, 12:30 BST
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Murray Capital is wholly owned by the Murray family and led by David Murray, pictured, as managing director. His father, Sir David Murray, is the chairman.Murray Capital is wholly owned by the Murray family and led by David Murray, pictured, as managing director. His father, Sir David Murray, is the chairman.
Murray Capital is wholly owned by the Murray family and led by David Murray, pictured, as managing director. His father, Sir David Murray, is the chairman.
Edinburgh-based Murray Capital, the private investment office of the Murray family, has led funding rounds for two Scottish start-up businesses.

The funding rounds saw the firm reinvest in two of its existing portfolio companies – Zumo and Blackford – with the support of the UK Future Fund and other co-investors.

Murray Capital is wholly owned by the Murray family and led by David Murray as managing director. His father, Sir David Murray, is the chairman.

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Zumo, the Leith-based digital currency and payments platform, raised £1.4 million while Blackford, an insurance brokerage with offices in Aberdeen, Edinburgh, Glasgow and London, secured £800,000.