Global tech company Hyperspace Ventures has expanded its investment portfolio by deploying USD $6.8 million since Q4 of 2024. It is focusing its expanded investment on both emerging tech and the fast-growing sport of pickleball.
Hyperspace Ventures is a North Carolina-based technology company that designs, builds, and invests in digital products for startups and leading brands. Specialising in web and mobile applications and cloud systems, Hyperspace has launched successful companies across diverse sectors. It has also created a suite of internal tools to support companies in operating efficiency, raising capital, talent acquisition, and networking. These tools include: Space Dial, Launch Deck, HyperHire, and The 42 Club.
“At our core, Hyperspace is a software design and development company,” said Taylor Meyer, Managing Partner. “We build, launch, and scale digital products. Recently, we’ve begun investing in high-growth companies we work with and have strong conviction in, as another mechanism to support our founders and accelerate their growth.”
This new initiative is conducted alongside a network of leading investors and advisors. Hyperspace deal flow is accessible to all accredited investors, offering a new opportunity for individuals to gain exposure to high-growth private companies and support the entrepreneurial ecosystem.
Below is the breakdown of Hyperspace’s USD $6.8 million investment:
- USD $515K into Ethos (formerly Learn to Win), enterprise performance & training platform;
- USD $670K into Bezel, marketplace for authenticated luxury watches;
- USD $50K into PinPrint, groundbreaking medical tech startup;
- USD $5.56M into pickleball-related ventures including tech, facilities, and pro pickleball
Hyperspace’s emphasis on pickleball positions the company as a key player in a sport that continues to surge in popularity, with a 223% participation growth in the U. over the last three years according to data from Pickleheads. The pickleball market was valued at over USD $1.5 billion in 2023.
“The USD $6.8 million deployed over the past nine months through Hyperspace’s investment initiative is just the beginning,” said Peter Fox, Managing Partner. “We’re proud to be building alongside founders shaping the next generation of innovation in the Raleigh-Durham area and beyond.”
Hyperspace’s investment in pickleball underscores yet again the growing appeal of the sport, so much so that even a company known for innovative technological solutions is now investing in it. It isn’t some throw-in investment neither, as the company is investing USD $5.56 million into the sport. Hyperspace hasn’t clearly stated how exactly it will invest in the sport, but it is definitely an exciting development for pickleball moving forward.
For more information, visit hyperspaceventures.com.
