Veo Technologies is a Danish company that uses artificial intelligence (AI) to enhance the performance of professional sports teams. The company has raised 20 million dollars in funding, with a valuation of 100 million dollars. They have received coverage from media outlets such as Veo Technologies ai 20m 100m lundentechcrunch, highlighting their innovative approach to sports analysis and optimization.
Veo raises $25M for AI-based cameras that record and analyze football and other team sports
Veo Technologies has raised $25 million in funding to further develop its AI-based camera system that records and analyzes team sports such as football. The company aims to provide teams with actionable insights and performance metrics to help improve their game. Veo’s cameras use advanced algorithms and machine learning to track player movements, ball trajectories, and other crucial game elements, providing coaches and players with a detailed view of the game. This latest funding round will help Veo to expand its reach and bring its innovative technology to more teams and players worldwide.
‘We’re a Shopify, not an Amazon’
U.S.-based Courtside VC, France’s Ventech and Denmark’s SEED Capital
- Courtside VC is a U.S.-based venture capital firm that invests in technology-driven startups, particularly those in the sports and entertainment industries.
- Ventech is a French venture capital firm that invests in technology startups across Europe and Asia. The firm is known for its expertise in early-stage investments and has a strong track record of helping startups to grow and scale.
- SEED Capital is a Danish venture capital firm that invests in startups with a focus on innovative technologies and scalable business models. The firm has a strong presence in the Nordic region and has been instrumental in helping many startups to become successful.
These venture capital firms have invested in many successful startups and have a reputation for being knowledgeable and supportive investors. They have the resources and expertise to help companies grow and reach their potential.