Red Paddle featured in Sunday Times
Inflatable Stand-up Paddleboard business Red Paddle Co has been named in the Sunday Times Heathrow SME Export Track 100.
The accolade comes less than a year after Mobeus backed the Devon-based business with a £4 million combined debt and equity package earmarked to fund further international growth. Since that investment, strong demand in the US and Europe has boosted exports, which reached £4.37 million of the business’s £7.54 million revenues for 2015.
Red Paddle is the world’s only dedicated inflatable SUP brand, sold in 58 countries and boasting an 18% market share of inflatable boards.