Veo raises $6M Series A to bring its ‘AI camera’ for soccer matches to the US
Veo, a Copenhagen, Norway-based startup that offers an “AI camera” to make it easier for amateur soccer clubs to video and stream matches, has raised $6 million in Series A funding.
Backing the round is U.S.-based Courtside Manager and France’s Ventech Capital. Veo says the new capital will be used to launch in the U.S.
Founded in 2015 by Henrik Teisbæk, Jesper Taxbøl and Keld Reinicke, Veo has set out to “democratise” the filming of soccers matches and training by negating the need for multiple camera operators and/or a vision mixer.
It does this by employing a 4K lens camera that records the entire pitch (it’s designed to be mounted on a 23 foot tripod for optimal view), coupled with its AI video technology that processes the resulting video. This sees Veo follow the action via virtual panning and zooming, to create a TV-like viewing experience.
As we’ve noted before, that does mean a portion of the image will often be cropped out, resulting in a loss of resolution overall. However, the idea is that by starting with 4K the video quality is more than sufficient for playback on smaller screens, such as smartphones and tablets.
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