SportAI, a sports technology startup that uses artificial intelligence to improve sports performance, recently announced the completion of a US$1.8 million seed round of financing. This round of financing will be used to further develop its AI-driven platform, which can analyze athletes' technical movements in real time, provide personalized feedback, and support a variety of application scenarios, such as coach training, media live broadcast analysis, and personalized recommendations of sports equipment. SportAI's platform is compatible with a variety of hardware devices, making it wider in application and more flexible in use.
Recently, sports technology startup SportAI, a platform that uses artificial intelligence to improve sports performance, completed $1.8 million in seed financing.
SportAI's system focuses on coaching, commentary and analysis of sports technology, using machine learning, computer vision and biometrics. This company focuses on the B2B market, mainly serving coaches, training facilities, live media, and sports equipment brands and retailers.
Leveraging AI to provide technical guidance
SportAI's cloud platform can analyze athletes' technical performance in real time and provide personalized feedback to help them improve in golf, tennis and other sports.
The system is able to provide automated, data-driven analysis by comparing an individual's skills with data from thousands of other athletes, including professional athletes. This service is typically only affordable to professional athletes, but SportAI is working to make it widely available.
In addition, this technology can also be used by the media to improve the quality of comments during live broadcasts and provide instant technical analysis, while sports equipment brands can provide corresponding product recommendations based on athletes' personal skills.
SportAI’s platform is hardware-agnostic and can analyze video from mobile phones, venue cameras and broadcast feeds. Compared with previous video analysis methods that require manual labeling and specific hardware, SportAI's solution is more flexible and better scalable.
The financing will be used to further develop SportAI's technology, expand its team and increase market penetration. The company said its platform has attracted attention in the sports industry and successfully signed its first commercial contract in June. Specific details have not yet been announced.
The seed funding round was led by early investor Skyfall Ventures, with other participants including Norwegian pension fund MP Pensjon, former professional tennis player and AI startup founder Dekel Valtzer, and former Schibsted Media Group executive Sverre Munck. World chess champion Magnus Carlsen also served as an advisor and investor in the company's pre-seed rounds.
Jon Kåre Stene, partner and co-founder of Skyfall Ventures, said they are proud to support SportAI and make world-class expertise more accessible. SportAI’s innovative approach and cutting-edge solutions align perfectly with their focus on investing in high-growth technology startups.
Highlight:
- SportAI completed US$1.8 million in seed financing, aiming to use artificial intelligence to improve athlete performance.
- ⚽️ The platform provides real-time technical analysis and personalized feedback to help athletes improve their skills in various events.
- Financing will be used for technology development, team expansion and market expansion. The platform has its first commercial contract and will soon be announced.
SportAI's successful financing and its innovative application in the field of AI-empowered sports indicate that artificial intelligence technology will play an increasingly important role in the sports industry, and the future is promising.