Hyperspace

Hyperspace is a real-time hybrid search database, described as the fusion of Elasticsearch and vector DB. It serves as a crucial infrastructure element within Generative AI & LLMs, powering a wide spectrum of AI applications. The company prides itself on delivering 10x performance at billion-scale, all at a fraction of the current compute costs. This innovation positions Hyperspace as a game-changer in the search architect space, enabling deeper searches in real-time, measured in milliseconds. Its potential applications span various sectors, including recommendation systems, fraud detection, e-commerce, cyber, and more. Founded in 2021 and based in Israel, the company received a $6.00M Seed Round investment on 01 June 2022. The investment was secured from Jerusalem Venture Partners, MizMaa Ventures, toDay Ventures, and Secret Chord Ventures. Hyperspace's innovative approach and potential impact within the Big Data industry make it a compelling prospect for investment and a noteworthy player in the startup landscape.