Equip Raises 5 Million CHF to Revolutionize Access to Sports
Private Equity firm TNF (‘The New Frontiers’) led the financing round of 5 million CHF into Equip, an app founded in 2021 which promises to profoundly impact how sports are played at a local level.
Connected to autonomous stations, Equip allows users to borrow sports equipment, then play or participate in leisure activities without having to carry anything around, right where they need it – at venues across the globe.
“Investing into a young startup which is going to change the face of sports participation is an extraordinary adventure – we had to be a part of it,” shared Erkin Bek, founder of TNF, and Francisco Arcilla, Venture Partner.
For co-founders Henry Nidecker and Thierry Kunz, putting the emphasis on sharing rather than ownership allows them to be part of the global responsibility we have in the face of socioeconomic inequality and the protection of the environment. Equip stations are also autonomous thanks to their solar panels, and can be installed and checked remotely without limitations.
Nidecker, CEO & Co-Founder of Equip, added, “Thanks to our invested partners, we have everything going our way to deeply transform our sporting habits.”
Any sport, whenever, wherever – that’s the motto of this new adventure which will substantially change our daily approach to sport, with stations which have been approved by international federations like FIBA.
“The project that Henry and Thierry presented to us last year was compelling and in line with our company ethos. We knew right away that we wanted to be Equip’s commercial strategy partner and empower it to launch at scale for communities worldwide” added Ted Kraus, Managing Director, NAX Group.
Whether it’s SUP (stand up paddle), football or even basketball, Equip proposes a wide range of sports disciplines and owes its success to the rapid growth of its deployments, as well as its global presence and the diversity of offerings.
Since mid-July, Decathlon Switzerland has made a commitment alongside Equip to provide quality sports and leisure equipment directly at the places of practice.
Today, this startup is in full expansion in the United States, Spain, Italy, France and their native Switzerland, where the business seeks to accelerate its deployment at a communal level.
Equip is a startup born in Switzerland in 2021 from a desire to facilitate access to sports and leisure activities in an eco-responsible way. The app, connected to autonomous stations, allows users to participate in a multitude of sports and leisure activities around the world right where they need it, without having to carry gear around. Today, you can participate in SUP, Surfing as well as more ‘classic’ sports like Basketball, Volleyball or Football. The expansion of venue options as well as the diversity of sports and leisure activities is in constant evolution, because at Equip, the best way to do sport is by sharing, without inconvenience, without ownership. www.equip.app
About Nidecker Group:
Nidecker Group is made up of innovative and inspirational action sports brands: Nidecker, YES., Jones, Now & Flow. We create and accelerate the development of the leading brands in the industry on an international scale with one objective; to inspire and allow athletes to progress in their chosen disciplines.
Nidecker Group was founded in the Swiss Alps in 1887 and is owned by the Nidecker family. Each generation has been nurtured by a passion for innovation and action sports. Our story started off as master craftsmen specialised in wooden wheels and tables before moving onto sleds and XC skis. In 1912, we started building alpine skis, then waterskis, monoskis and finally snowboards in 1984. Today, we’re the oldest action sports company in the world and have built up brands which have played an essential role in the evolution of each industry in which we’ve been involved, for more than five generations.