PadelCity has raised $13.9M in a Series A round backed by Compagnie des Alpes, the French leisure and tourism group. The funding marks a significant bet on the fast-growing racket sport as the company pushes to expand its footprint in Germany.
The startup, which traces its roots to Acapulco and scaled in Spain before turning its attention to the German market, builds and operates padel courts while also offering a franchise model. Its pitch is straightforward: make padel a mainstream sport in the country, not just a niche pastime. With the fresh capital, the company is positioning itself to grow its physical locations and community-building efforts, though it has not detailed specific expansion targets.
