Miami, FL, United States & Dubai, UAE – July 14, 2025 

Snowspace, the AI-driven indoor ski training platform transforming winter sports accessibility, today announced a strategic partnership with FasterCapital through its LaunchUp program. This collaboration aims to accelerate Snowspace’s market entry and growth in urban centers across the United States, tapping into a $1.3 billion ski training market opportunity. Leveraging FasterCapital’s global reach and deep expertise in startup acceleration, Snowspace is poised to redefine ski training by making it smarter, more affordable, and accessible year-round.

Market Opportunity & Problem Statement

The winter sports industry faces significant challenges: ski training is costly, seasonal, and inefficient, limiting participation to just 3.2% of Americans annually. With a $70 billion winter sports gap and a $1.3 billion ski training market, there is a clear demand for innovative, tech-enabled solutions that break geographical and seasonal barriers. Current ski training options are fragmented, expensive, and lack scalability, creating a white space for Snowspace’s immersive, AI-powered indoor training studios that operate 365 days a year in urban environments.

Startup Solution & Differentiation

Snowspace’s proprietary AI coaching platform delivers personalized, real-time ski training through wearable technology and immersive simulators without the need to build hardware. Designed to scale across gyms, studios, and eventually homes, Snowspace combines affordability with convenience, offering walk-in lessons, corporate events, and subscription-based models. Early traction includes LOIs with simulator vendors granting territorial exclusivity and pilot launch negotiations with the University of Miami. This positions Snowspace uniquely against competitors like Ski Cosmos and Snöbahn, by integrating AI-driven coaching, an online community, and data-driven performance metrics for continuous improvement.

FasterCapital Partnership Value

Through FasterCapital’s LaunchUp program, Snowspace gains access to a global network of investors, strategic mentorship, and capital-raising expertise tailored for tech startups. FasterCapital’s rigorous selection process ensures partnership with high-potential ventures, and Snowspace’s inclusion validates its disruptive potential in the sports tech sector. The collaboration will accelerate product-market fit validation, user acquisition, and geographic expansion over the next 12 months, supported by FasterCapital’s hands-on guidance and funding facilitation.

Executive Quotes

Hesham Zreik, Founder and CEO of FasterCapital, said:
“Snowspace exemplifies the kind of innovation we seek at FasterCapital—leveraging AI and technology to solve real-world problems in large, underserved markets. Their vision to democratize ski training aligns perfectly with current trends in experiential fitness and urban sports. We are excited to support their journey and accelerate their path to market leadership.”

Salvador Jimenez, Founder and CEO of Snowspace, added:
“Partnering with FasterCapital is a pivotal milestone for Snowspace. Their expertise and global network provide the strategic resources we need to bring our AI-powered ski training platform to urban communities nationwide. Together, we will make skiing more accessible, affordable, and engaging for millions who previously had limited options.”

Growth Trajectory & Future Plans

Snowspace plans to launch its flagship pop-up studio in Miami this year, followed by rapid expansion into major ski markets including Seattle, San Francisco, Salt Lake City, and New York. The company targets opening 8+ studios within 5-7 years, with an IPO goal within 10 years. Capital raised through this partnership will fund product development, marketing, and operational scaling. Snowspace’s long-term vision is to establish skiing-as-a-service as a mainstream urban fitness category, leveraging AI to continuously enhance training effectiveness and user engagement.

About Snowspace

Founded by serial entrepreneur Salvador Jimenez, Snowspace is revolutionizing ski training by combining AI coaching, wearable technology, and immersive simulators to deliver year-round, urban-accessible ski training. With a mission to make skiing smarter, easier, and more inclusive, Snowspace addresses the inefficiencies of traditional ski schools, opening winter sports to a broader audience.

About FasterCapital

FasterCapital is a global startup accelerator and venture capital firm specializing in early-stage technology ventures. Through its LaunchUp program, FasterCapital provides startups with funding, mentorship, and strategic guidance to scale rapidly and access international markets. With a proven track record of successful investments and exits, FasterCapital is committed to fostering innovation and transforming industries worldwide.