Boot binding tech startup from Nags Head raises $200,000 in debt

NAGS HEAD — A boot binding tech startup from Nags Head has raised roughly $200,000 in debt, according to a recent securities filing.

VADATEK, founded by Daniel Digby, raised the funds from two investors, with $300,000 remaining to be sold.

The filing did not indicate how the company intends to use the funds.

VADATEK makes boots and bindings for kitesurfing and wakeboarding.

Digby started the company in his basement in Richmond, VA in early 2016, according to the company’s website. A keen wakeboarder and kite surfer, he went to buy new gear and was pretty shocked to find that boots and bindings really hadn’t changed much in 20 years.  He bought what he could find and started tinkering. After a bunch of trips to Home Depot, he had converted his bindings into a step in system that he used both kiteboarding and wakeboarding. Thus,  VADATEK was born.

Digby now lives with his family to North Carolina’s Outer Banks.

Digby said the SYNTAX boot and binding set up is the first chapter in VADATEK’s quest to change boots and bindings for the watersports world.