Venture Capital
SPVs are on the Rise
Gary Pasqualicchio
Mar 25 2025 · 2 min read

Extensive research from Carta demonstrates the growth of SPVs (Special Purpose Vehicles) since 2016.
SPVs differ from traditional venture capital funds in a couple major ways:
1) SPVs typically invest in single assets, as opposed to a larger portfolio
2) SPVs operate on shorter fundraising timelines, looking to close raises swiftly and efficiently
Hyperspace Ventures launched our SPV program in 2024 with a focus on companies we have worked with and have high conviction in.
Our efforts have closed successful raises for Bezel ($670k), Learn to Win ($515k) and Pickleball Inc. ($5.3M).
Investors who want to join on our next venture can get more information by filling out this short interest survey.
