What is Veo Technologies?
Veo Technologies ApS is at the forefront of sports technology, specializing in automated game recording, live streaming, and performance analysis solutions. Their product suite, including the Veo Cam 3 and Veo Go, coupled with AI-powered analytics and editing tools, empowers sports teams, clubs, schools, and individual athletes across various disciplines like football, rugby, and basketball. The company's mission is to make advanced sports technology accessible, enabling users to effortlessly capture, analyze, and share their sporting moments to enhance training and recruitment processes.
How much funding has Veo Technologies raised?
Veo Technologies has raised a total of $110M across 3 funding rounds:
Series A
$6M
Series B
$24M
Series C
$80M
Series A (2019): $6M with participation from Ventech Solutions and VC Seed Capital
Series B (2021): $24M led by Chr. Augustinus Fabrikker A/S and Courtside VC
Series C (2022): $80M supported by Seed Capital, Ventech, Atp, and Chr Augustinus Fabrikker
Key Investors in Veo Technologies
SEED Capital
SEED Capital is a Denmark-based investment firm focused on supporting Nordic founders from seed to Series A and beyond, with a strong track record in various tech sectors and a commitment to hands-on strategic support.
Ventech
Ventech is a pan-European venture capital firm investing in high-growth digital economy startups, with a global presence and a history of backing successful companies across Europe and Asia.
Chr Augustinus Fabrikker
Chr. Augustinus Fabrikker is a long-standing foundation-owned investment company dedicated to supporting Danish businesses and the philanthropic activities of the Augustinus Foundation through strategic, long-term ownership.
What's next for Veo Technologies?
The recent major enterprise-level funding indicates Veo Technologies is poised for significant scaling and expansion. This capital injection will likely fuel further product development, market penetration, and potentially international growth. The strategic nature of the investment suggests a focus on enhancing competitive advantages and solidifying its leadership in the sports tech industry. Expect Veo Technologies to continue innovating and broadening its reach within the global sports ecosystem.
See full Veo Technologies company page
