Climb Up, the French chain of indoor climbing centers, has raised €14 million in a capital development operation. The capital increase has been subscribed by Calcium Capital Partners, an investment firm that invests in unlisted small and medium-sized enterprises (SMEs) to support them in their development. François Petit, the founder and managing director of Climb Up and a former climbing world champion himself, has been advised by Oaklins France in the operation. Climb Up operates around 20 indoor climbing centers across France, including in major cities like Lyon, Toulouse and Bordeaux. The company is aiming at 100 centers by 2025, and the recent capital increase is meant to help it achieve its development targets.
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