# HyperSpace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperspace

- Industry: Travel & Leisure
- Headquarters: Dubai, United Arab Emirates
- Website: www.hyper-space.com
- Total disclosed funding: $11M
- Latest round: Series A (Oct 5, 2023)
- Investors on record: 7

## About

Based in the United Arab Emirates, HyperSpace is focused on creating and managing innovative attractions that seamlessly blend physical experiences with digital lifestyles, targeting a variety of audiences from gamers to families.HyperSpace FZ LLC, founded in 2020 by Alexander Heller, operates innovative entertainment parks that merge physical and digital experiences. The company's headquarters is located in Dubai, United Arab Emirates. It has engaged in 3 deals, with the most recent funding round taking place on October 5, 2023, where it raised USD 11.00 mn in a Seed round led by Introsight Advisors, with participation from Bolur Capital and Farbro Group. The total amount raised by HyperSpace stands at USD 11.00 mn.HyperSpace FZ LLC specializes in creating and operating innovative attractions that merge physical experiences with digital lifestyles. The company’s core offerings include immersive entertainment parks that incorporate elements from video games, social media, and Web3 culture. These parks aim to provide a unique experience where visitors can engage with interactive game worlds, participate in content creation arenas, and explore the latest in fashion, music, and NFTs. Currently, HyperSpace has established parks in Riyadh and Dubai, with plans for additional locations. Their target clientele includes gamers, content creators, and families seeking engaging recreational experiences, particularly in urban markets across the Middle East and potentially expanding to other global cities known for digital and entertainment innovation.HyperSpace generates revenue through direct ticket sales for entry into its themed attractions, as well as through partnerships that facilitate exclusive events and content creation opportunities. The business model relies on both B2C transactions, where individual consumers purchase tickets for visits, and B2B partnerships that may include collaborations with brands and digital creators for special events and promotional activities. The pricing structure is designed to accommodate various consumer demographics and may include tiered ticketing options based on access levels and experiences within the parks. Key revenue-generating services revolve around their flagship attractions, which are positioned as leading entertainment experiences tailored for a digitally-savvy audience.In October 2023, HyperSpace raised an undisclosed amount in venture debt funding as part of a larger USD 55 mn funding effort aimed at supporting its business expansion into Saudi Arabia and the US. The company plans to design and launch new attractions in these regions, utilizing the recent funding to enhance its market presence and operational capabilities.

## Funding rounds

- Series A, Oct 5, 2023 — Apis Capital Management, Galaxy Asset Management, Galaxy Interactive, SEGA Corp Corporate Development/Ventures
- Seed, Nov 18, 2021, $11M — Introsight Advisors, Bolur Capital, Farbro Group

## Investors

- Introsight Advisors — Seed
- Bolur Capital (https://capitalatlas.ai/funds/bolur-capital) — Seed
- Farbro Group — Seed
- Apis Capital Management — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- Galaxy Interactive — Series A
- SEGA Corp Corporate Development/Ventures — Series A