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Veo raises $25M for AI-based cameras that record and analyze football and other team sports

TechCrunch

Sports have been among some of the most popular and lucrative media plays in the world, luring broadcasters, advertisers and consumers to fork out huge sums to secure the chance to watch (and sponsor) their favorite teams and athletes. Even with the slowdown in a lot of sporting activity this year due to COVID — in the U.K.

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Connected strength-training startup Vitruvian eyes US with $15M raise

TechCrunch

The company’s at-home strength-training system sports resistance-based weights up to ~440 pounds. Vitruvian touts “software-driven weight training,” which can dynamically adjust resistance to the user. Founded in late 2018, the company ended 2020 with a $3.4 There’s been some leveling off of late, of course.

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VCs continue to pour dollars into generative AI

TechCrunch

According to a PitchBook report released this month, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 million in 2018. In the video category, WSC Sports, which uses AI to generate personally tailored video clips for sports fans, landed $100 million in Series D funding nearly a year ago.

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NEX raises $25M, launches Active Arcade to get people moving

TechCrunch

It also previously raised a $4 million seed round from Charmides Capital, Harris Blitzer Sports & Entertainment Ventures and Mandra Capital, Steve Nash, Jeremy Lin and Mark Cuban in 2018. Many other leaders in sports, media and technology have also baked NEX.

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Toca Football raises $40 million to fuel its budding chain of giant soccer and entertainment facilities

TechCrunch

based company that operates 14 sports centers across the U.S. that are focused on soccer training, has raised $40 million in Series E funding to roughly double the number of facilities that are now up and running in the U.S., based company that operates 14 sports centers across the U.S. as well as to open a site in the U.K.

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Obé Fitness raises $15M for its personality-driven exercise platform

TechCrunch

For the record, it’s not a reference to the Butler County, Ohio-based amusement park that serves as the home of the “world’s largest train display,” but rather one of those industry portmanteaus like infotainment or webinar. along with previous investors Cassius Ventures, Ludlow Ventures, Harris Blitzer Sports Entertainment and BDMI.

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Cadoo gets $1.5M to gamify fitness with betting challenges

TechCrunch

The app itself has been around since 2018 but in March 2020 it launched a “challenge model” that lets users stake money to join a challenge related to a specific fitness goal — be it running 10 miles in 10 days, or walking three miles in three days. The future of sports tech: Here’s where investors are placing their bets.

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