Cheshire padel business hails expansion after NPIF II funding

The Padel Club was established in 2020 by Kris Ball who recognised the growing popularity of padel while working abroad. 

In 2024 the company secured £3.8m, including £1.5m from NPIF II – PXN Equity Finance, which is managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II),  and additional EIS investment from existing investor Endeavour Ventures to support its expansion strategy. 

The investment was used to accelerate the rollout of new sites, supporting the creation of 42 courts. 

The business plans to significantly increase its footprint over the next year, bringing padel to cities and towns across the UK including Brighton, Cardiff, Chester and Handforth Dean.

For the full story, see Insider Media

Read our other news

Chester brunch event raises £1,000 for mental health charity

BUSINESSES came together in Chester to raise £1,000 for a mental health charity during a special brunch event.

Read More
Tiger Trailers launches 20 apprenticeship roles in Winsford

A WINSFORD trailer manufacturer has launched its latest apprenticeship programme.

Read More
Neston's Bolete included in 100 Best Local Restaurants guide

A CHESHIRE West restaurant has been recognised among 100 of the best in Britain, according to the Good Food Guide.

Read More