The bottom Oakley Capital Origin Fund II announced a major investment in NOX, the Spanish padel equipment brand based in Barcelona. The investment, estimated at 10,5 million, aims to support the rapid growth of the manufacturer, already present in more than 80 countries and author of more than 400,000 rackets sold per yeari.e 11% of the global market.

NOX's meteoric growth

In just four years, NOX has posted a average annual growth of more than 50%, significantly higher than that of the global market. The brand, founded by Jesus Ballvé, has become a reference in padel thanks to its high quality products and its strong reputation among professional and amateur players.

Heading for the United States and Asia

With the support of Oakley Capital, NOX intends accelerate its international development, in particular to United States and Asia, all in diversifying its range and strengthening its digital marketingThe company also plans to explore the booming market of pickleball, a sport cousin of padel.

Global ambitions

Jesús Ballvé welcomes this strategic partnership:

“We believe Oakley is the ideal partner to take NOX to a new level. Their digital marketing expertise and experience in premium sports will be invaluable for our global expansion.”

With this investment, NOX confirms its ambition to become a major global padel brand, at a time when the sport is experiencing an estimated growth of 25% per year in the world.

Benjamin Dupouy

I discovered padel directly during a tournament, and frankly, I didn't really like it at first. But the second time, it was love at first sight, and since then, I haven't missed a single match. I'm even ready to stay up until 3am to watch a final of Premier Padel !

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