A North Wales company specialising in adventure leisure and virtual reality attractions has expanded its business after securing a £100,000 boost.
Conwy-based Frontgrid has since picked up orders for its world-first virtual reality (VR) paragliding experience product, ParadropVR, from Thailand, India, Dubai and Malaysia.
West Kirby firm Bathgate Business Finance secured the £100,000 loan against security from Manchester-based Reward Finance Group.
The loan allowed Frontgrid to manufacture a ParadropVR unit to exhibit at trade shows.
Unlike other VR attractions, ParadropVR is fully immersive and creates an “unrivalled, realistic flying sensation” for the user.
Frontgrid was founded in 2017 by former British Army officer, David Wood and former British Army paratrooper, Matt Wells. It already has installations in Merlin Entertainment’s £20million new indoor adventure centre at the Birmingham NEC, The Bear Grylls Adventure and iFly in Basingstoke.
