Career
He, along with Metin Musov, founded the company in 1996 in Sofia, Bulgaria. Walltopia has been the leading climbing wall manufacturer since 2009 and is currently operating in over 50 countries worldwide. Penchev was born in Veliko Tarnovo on March 10, 1970 to Penko Penchev (born 1946) and Radka Pencheva.
Growing up he became interested in physics and enrolled in Sofia University, studying theoretical physics.
However, he dropped out in 1994 as he got involved in trade and, ultimately, the development of Walltopia.
