A new wave of entrepreneurs is building padel clubs, leagues, events and digital platforms that could transform the fast-growing racket sport from a niche hobby into a serious business.
Fitura Brands, backed by founder and CEO James Hurlock, raised an initial financing round at a $20 million pre-money valuation.
Racquet 360 has closed a $9 million round and projects 300% revenue growth as racket sports, especially padel, gain ground in the U.S.
Fitness, recovery and racket sports took center stage at the PGA Show, signaling how private clubs are adapting to changing consumer preferences.
The Rafa Nadal Academy, the training center founded by tennis legend Rafa Nadal, is bringing its Padel Tour to the United States.
AO Ventures, the investment arm of the Australian Open and Tennis Australia, is funding Padel Haus, a U.S.-based operator of padel clubs.
Over 4,600 new investors contributed to Playtomic's fundraising, which will amplify its global expansion and operational capacity.
Joey Gonzalez, the longtime Barry’s CEO who helped turn the brand into a global fitness powerhouse, is stepping into the fast-growing world of padel.
Pickleball continues to expand across fitness luxury clubs, HVLP and entertainment venues as brands invest in courts and training.
U.K.-based Padel Studios Coventry is combining the growing sport of padel with another red-hot fitness modality: Pilates.
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