Juan Roig's Angels backs rhythmic gymnastics leotard maker Vinkova with €130,000
What's the deal? VinkovaDealroom has a profile for this one. Try Dealroom →, a Spanish startup that designs, produces, and sells rhythmic gymnastics leotards, has raised €130,000 in an early-stage round from Angels CapitalDealroom has a profile for this one. Try Dealroom →, the investment firm of MercadonaDealroom has a profile for this one. Try Dealroom → owner Juan Roig.
What's the endgame? The funding will help Vinkova strengthen its design and personalisation capabilities, expand its range of leotards, and push further into international markets.
Why now? The startup recently completed the LanzaderaDealroom has a profile for this one. Try Dealroom → accelerator programme, both part of Roig's Marina de EmpresasDealroom has a profile for this one. Try Dealroom → entrepreneurship hub. "After our experience at Lanzadera, we are very excited about this new stage," said chief executive officer Xabier Yárnoz (translated from Spanish).
Vinkova has dressed former Olympic gymnast Almudena Cid and international gymnasts from the Spanish national team on several occasions. It also works with the Royal Spanish Gymnastics Federation and sells in more than 40 countries.
The signal: Angels rarely writes small cheques for niche sportswear, and its bet on Vinkova points to appetite for specialised, export-driven consumer brands emerging from Spain's accelerator pipeline. "Obsession with quality is what sets apart the companies that truly put the customer at the centre," said Angels director general Pepe Peris (translated from Spanish).
Read more: levante-emv.com
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