KayakFirst Ltd.

KayakFirst is a Hungarian startup founded in 2016, specializing in the production of indoor paddle machines. With a slogan of "Indoor art of Paddling!", the company offers innovative ergometers designed to enable canoeing athletes to train indoors, particularly during the winter months, and also to introduce amateurs to the sport of paddling. The machines are tailored to provide the best water-like feeling for various forms of paddling including kayak, canoe, dragon boating, va'a, outrigger, and stand-up paddle (paddleboard). An interesting aspect of KayakFirst's offerings is the concept of a universal core machine with additional modules, allowing individuals to train in multiple paddling disciplines using a single machine. The company recently secured a significant $1.33M Series A investment on 11 May 2018, with investment coming from Hiventures and Prosperitas Capital Partners. KayakFirst operates in the Manufacturing and Sports industries, and its unique product offering and recent funding could position them for further growth and market penetration.