Sector: Specialised Manufacturing
Location: Bulgaria, Sofia
Date of investment: August 2015
Co-Investor(s): BlackPeak Capital; founding shareholders retain majority stake
Walltopia (founded in 1998) is the world leader in climbing wall design and manufacturing, with more than 1500 projects worldwide and over 270,000 sq. metres/2,906,000 sq. feet climbing surface designed, engineered, produced and built. Walltopia changed the industry by introducing a system of pre-fabricated, detachable modules in various shapes and colours, which are then simply bolted together on-site. The company is led by two Bulgarian entrepreneurs: Ivaylo Penchev and Metin Musov. Walltopia has successfully executed contracts in over 50 countries in all continents.