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Sports stars Teddy Riner and Tony Parker invest in French company Colizey

PARIS : French Internet-based sports goods marketplace Colizey said it had raised 8 million euros (US$9.5 million) in new funding, with investors including basketball star Tony Parker and French judo Olympic champion Teddy Riner.

Other investors include Cathay Innovation and LVMH boss Bernard Arnault's Aglae Ventures, added the company.

"I am delighted to continue to support this innovative French project in the world of sports. Colizey is the future of online sports retail," said Tony Parker in a statement.

(US$1 = 0.8469 euros)

(Reporting by Sudip Kar-Gupta, Editing by Louise Heavens)

Source: Reuters

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