• About Us
  • Privacy Policy
  • Disclaimers
  • Terms and Conditions
  • Contact Us
  • DMCA Policy
Tech Chilli
  • News
  • AI
  • Fintech
  • Crypto
  • AI India
  • Robotics
  • Courses
  • How-To
  • Puzzles
  • Gaming
  • Contact Us
No Result
View All Result
  • News
  • AI
  • Fintech
  • Crypto
  • AI India
  • Robotics
  • Courses
  • How-To
  • Puzzles
  • Gaming
  • Contact Us
No Result
View All Result
Tech Chilli
No Result
View All Result

Home » News » SportAI Raises €1.6M Seed Round to Enhance AI-Powered Sports Technique Coaching and Analysis

SportAI Raises €1.6M Seed Round to Enhance AI-Powered Sports Technique Coaching and Analysis

SportAI secures €1.6M in seed funding led by Skyfall Ventures to advance AI-driven sports technique analysis and coaching.

Kumud Sahni Pruthi by Kumud Sahni Pruthi
Monday, 26 August 2024, 7:11 AM
in News
SportAI raising €1.6 million in seed funding

SportAI raising €1.6 million in seed funding

A seed fundraising round of €1.6 million has been raised by SportAI, a B2B sports technology startup that uses AI to improve sports technique coaching, commentary, and analysis. Early-stage investor Skyfall Ventures led the round.

Sverre Munck (former EVP at Schibsted), Dekel Valtzer (former professional tennis player and creator of an AI firm), and MP Pensjon (a pension fund in Norway) are among the other attendees. The all-time greatest chess player, Magnus Carlsen, is an investor and advisor for SportAI in their pre-seed round.

This seed fundraising round aims to grow the team, penetrate more markets, and accelerate SportAI’s technological growth. In June 2024, the business signed its first commercial contract, which it will soon reveal. 

Also Read: List of iPhone models compatible with Apple Intelligence and iOS 18

Analysis of real-time techniques

SportAI provides immediate, individualized feedback for better performance by analyzing players’ technique in real-time, such as their padel, tennis, or golf swing (demo here). An individual’s approach may be quickly compared to that of thousands of other players, including elite athletes, using machine learning, computer vision, and biometric technologies. This allows for accurate and unbiased textual and visual critique.

SportAI is a platform that provides millions of players with automated data-based analysis; normally, this kind of service is only accessible to professional players who can afford to hire performance analysts. Equipment manufacturers can use the technology to offer products based on a player’s technique, and broadcasters can utilize it to improve the audience experience via instantaneous technique analysis during live sporting events.

In late 2023, tech-startup heavyweights Trond Kittelsen (founder of the tennis app) and Espen Agdestein (Board member) joined forces with former NCAA tennis player Lauren Pedersen (CEO), Felipe Longé (CTO), and Andreas Thome (Board Chairman, former Play Magnus CEO) to form the Oslo-based company.

Also Read: Robotic humanoid displays steal the limelight at Beijing’s WRC 2024

“We are thrilled to have Skyfall Ventures lead our seed round, which underscores the growing confidence in SportAI’s potential to disrupt the sports industry with our state-of-the-art technology,” said Lauren Pedersen, CEO and co-founder of SportAI. With the help of this funding, we will be able to develop our AI-driven solutions more quickly and reach a wider audience in the sports sector. We aim to attain sports excellence by democratizing access to top-notch sports data by utilizing artificial intelligence.

Regardless of the hardware

SportAI can analyze video from broadcast feeds, mobile phones, and cameras installed at courts or sports arenas without regard to technology. For the first time, technique analysis is scalable, objective, and reasonably priced thanks to technology. Video analysis used to require coaches to manually tag videos using specialized apparatus, which hampered its scalability and lifespan.

SportAI can reach large audiences and include technique analysis in training for professionals, amateur athletes, and spectators by collaborating with significant sports organizations and automating analysis from any video. This gives athletes everywhere, regardless of skill level, more affordable access to superior sports analysis.

Also Read: Midjourney Free Trial: Create AI Images Effortlessly on a New Website

“Skyfall Ventures is proud to support SportAI in their mission to make world-class expertise accessible to all,” said Jon Kåre Stene, partner and co-founder of the company. SportAI is working to ensure everyone can access the best sports training available worldwide, much like OpenAI’s goal to make intelligence abundant and accessible. SportAI’s creative thinking and state-of-the-art technologies are a wonderful fit with our emphasis on funding rapidly expanding technology firms. We can’t wait to support them on their path and see them have significant commercial success.

Previous Post

How to Use Perplexity AI for Your Research Work? Save Hours and Be Productive

Next Post

Jenna Ortega Condemns AI-Generated Graphic Imagery, Quits X Due to Disturbing Edited Photo

Kumud Sahni Pruthi

Kumud Sahni Pruthi

A postgraduate in Science with an inclination towards education and technology. She always looks for ways to help people improve their lives by putting complex things into simple words through her writing.

Next Post
Jenna Ortega Condemns AI-Generated Graphic Imagery, Quits X Due to Disturbing Edited Photo

Jenna Ortega Condemns AI-Generated Graphic Imagery, Quits X Due to Disturbing Edited Photo

  • Trending
  • Comments
  • Latest
top Yield Farming Platforms

Top 13 Yield Farming Platforms in 2025: Maximize APY with Secure and Trusted Crypto Tools

April 17, 2025
scott wu net worth

Scott Wu Net Worth: Devin AI Software Engineer, CEO of Cognition Labs

April 17, 2025
Artificial Intelligence (AI) Glossary and Terminologies

Artificial Intelligence (AI) Glossary and Terminologies – Complete Cheat Sheet List

April 18, 2025
TurbolearnAI

Turbolearn AI: How to Use It for FREE, Features and Pricing Models

April 3, 2025
What is Blockchain Technology

What is Blockchain Technology And How Does It Work?

Enterprise AI

What is Enterprise AI? Meaning, Companies, Examples and More Details

Cosine Genie AI Software Engineer

What is Cosine Genie and How to Use? Check Benchmark, Functions, and Access Details

PhonePe Leads UPI Market in August 2024, Claims 50% Share by Value and 48% by Volume

PhonePe Partners with Liquid Group to Bring UPI Payments to Singapore for Indian Travelers

Google is moving Android news to a virtual event before I/O

Google is moving Android news to a virtual event before I/O

April 29, 2025
Generative AI Companies

Top Generative AI Companies of the World 2025

April 28, 2025
Veo 2 extends access to more Gemini Advanced Users

Veo 2 extends access to more Gemini Advanced Users

April 25, 2025
Perplexity launches the iPhone voice assistant

Perplexity launches the iPhone voice assistant

April 24, 2025

Recent News

Google is moving Android news to a virtual event before I/O

Google is moving Android news to a virtual event before I/O

April 29, 2025
Generative AI Companies

Top Generative AI Companies of the World 2025

April 28, 2025
Veo 2 extends access to more Gemini Advanced Users

Veo 2 extends access to more Gemini Advanced Users

April 25, 2025
Perplexity launches the iPhone voice assistant

Perplexity launches the iPhone voice assistant

April 24, 2025

Trending in AI

  • Perplexity CEO Net Worth
  • Grammarly AI Detection
  • What is LangChain
  • Canva AI Tool
  • Koupon AI
Tech Chilli

Tech Chilli is a beacon of knowledge, a relentless purveyor of the latest information, news, and groundbreaking research in the realm of cutting-edge technology.

We are dedicated to curating and delivering the most relevant, accurate, and up-to-the-minute information on the technologies that are shaping our world.
Contact us – [email protected]

Follow Us

Browse by Category

  • AI
  • AI India
  • Courses
  • Crypto
  • Featured
  • FinTech
  • Gaming
  • How-To
  • News
  • Puzzles
  • Robotics

Top Searches

  • Scott Wu Net Worth
  • Mira Murati Net Worth
  • Online Games for Couples
  • Amazon Q vs Microsoft Copilot
  • DarkGPT

Recent News

Google is moving Android news to a virtual event before I/O

Google is moving Android news to a virtual event before I/O

April 29, 2025
Generative AI Companies

Top Generative AI Companies of the World 2025

April 28, 2025
Veo 2 extends access to more Gemini Advanced Users

Veo 2 extends access to more Gemini Advanced Users

April 25, 2025
Perplexity launches the iPhone voice assistant

Perplexity launches the iPhone voice assistant

April 24, 2025
  • About Us
  • Privacy Policy
  • Disclaimers
  • Terms and Conditions
  • Contact Us
  • DMCA Policy

© 2024 Tech Chilli

No Result
View All Result
  • News
  • AI
  • Fintech
  • Crypto
  • AI India
  • Robotics
  • Courses
  • How-To
  • Puzzles
  • Gaming
  • Contact Us

© 2024 Tech Chilli

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OK