Hyperspace Ventures Dives Deep Into Pickleball With $5.3 Million Investment
In a move that reflects both strategic foresight and growing global interest in pickleball, North Carolina-based tech firm Hyperspace Ventures has announced a major expansion of its investment portfolio—anchored by a $5.3 million commitment to pickleball-related ventures.
The firm, which specializes in building and investing in digital products for startups and brands, has deployed $6.8 million since Q4 of 2024, with the lion’s share flowing into the fast-growing world of pickleball. This substantial bet on the sport cements Hyperspace’s role as one of the more unconventional and forward-looking backers in the pickleball space.
Source: Hyperspace Ventures
From Code To Courts: A Strategic Expansion
“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.”
Traditionally known for its work in web and mobile applications and cloud architecture, Hyperspace has built a suite of internal tools to help founders operate efficiently, raise capital, and build high-performance teams. Among these tools are Space Dial, Launch Deck, HyperHire, and The 42 Club—all aimed at creating fertile ground for scalable innovation.
The pivot into pickleball may seem surprising at first glance, but it’s aligned with Hyperspace’s broader goal: identifying high-growth opportunities that sit at the intersection of innovation, community, and culture.
A Closer Look At The Portfolio
The full breakdown of the $6.8 million investment is as follows:
$515K into Ethos (formerly Learn to Win), an enterprise performance & training platform
$670K into Bezel, a luxury watch marketplace
$50K into PinPrint, an emerging medical tech startup
$5.56 million into pickleball-focused ventures, including tech, infrastructure, and professional circuits
While Hyperspace has yet to publicly disclose the exact nature of its pickleball investments—be it in digital tools, physical facilities, or pro-league development—the scale of the commitment speaks volumes. According to data from Pickleheads, pickleball has grown 223% in U.S. participation over the last three years, and the global market was valued at over $1.5 billion in 2023.
That context makes Hyperspace’s move not just timely, but deeply strategic.
The Long Game: Innovation Meets Recreation
“This $6.8 million deployed over the past nine months 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.”
Indeed, as pickleball moves from parks and recreational centers to professional venues, tech integrations, and global tournaments, companies like Hyperspace are helping shape its infrastructure and future. Their backing serves as validation for a sport that has clearly evolved far beyond its grassroots beginnings.
For the pickleball world, Hyperspace’s entrance isn’t just an exciting development—it’s another clear sign that the sport is becoming a magnet for smart capital, creative vision, and long-term opportunity.
