Juan Roig's Angels Capital invests €125,000 in Pamplona gymnastics leotard maker Vinkova

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Vinkova, a Pamplona company that designs, makes and sells leotards for rhythmic gymnastics, has closed a €125,000 round with Angels Capital, Juan Roig's investment company within Marina de Empresas. Vinkova recently went through Lanzadera, the accelerator in the same group, so the money did not have far to travel.

Founded in 2014 by Xabier Yárnoz, its CEO, and Silvia Uhalte, the brand sells in more than 40 countries, works with the Royal Spanish Gymnastics Federation and has dressed Almudena Cid and other Spanish national team gymnasts on several occasions. Design, sewing, decoration and sales all happen at its own premises in Pamplona, and it also offers accessories and a line of Spanish-made gymnastics apparatus.

The funds are meant to add design and customisation capacity, widen the range and reach new markets, including a stronger mid-priced competition line for clubs and gymnasts. Angels, which says it has invested more than €40 million in 70 companies, explained its interest through its director general, Pepe Peris: "Obsession with quality is what sets apart the companies that truly put the customer at the centre."