EP Golf Ventures, a strategic investment partnership between Elysian Park Ventures and the PGA of America designed to support innovation in the golf industry, has announced the completion of the first closing of its first investment fund, EP Golf Ventures Fund I. Selected investors in EP Golf Ventures Fund I include Topgolf Callaway Brands, Gametime Capital and other institutional and individual investors across the sports, technology and media ecosystem. Topgolf Callaway Brands owns a portfolio of global brands, including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin, and World Golf Tour (WGT). Gametime Capital is the family office of American billionaire Richard Fairbank. EP Golf Ventures expects to complete a second close of the fund later this year. EP Golf Ventures has already invested in four companies that have developed technologies for the golf industry, including artificial intelligence 3D motion capture specialist Sportsbox AI, golf simulator Dryvebox, climate tech specialist Sensible Weather, and plant compostable tableware firm Repurpose. EP Golf Ventures aims to assemble a portfolio of around 15 companies across the entire golfing ecosystem over time.
