Spiideo, a Malmö, Sweden-based company which specializes in AI automated sports video solutions, raised $20M in Growth funding.
The round was led by Cipio Partners. Existing investors, including Mathias Kamprad, Måns Hultman (Tassaka AB), and Håkan Roos (Roosgruppen AB), also participated. Roland Dennert, Managing Partner of Cipio Partners, will join the Spiideo board.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Patrik Olsson, Spiideo delivers video production, analysis, and consumption solutions to the global sports community.
Already a global market leader, present in more than 60 countries, the company provides products that are installed in over 6,000 venues and used by more than 4,000 teams across English football’s Premier League, NHL (North America’s National Hockey League), NBA (North America’s National Basketball Association), Serie A, MLS, Ligue 1, NCAA, Liga MX, and Bundesliga, as well as numerous second and third tier international leagues. Its cloud AI native cameras enable a range of automated production and analysis services.
The company has offices in the UK, US, China, & Germany and it has raised $40M to date.
FinSMEs
05/06/2024