What is Veo Technologies?
Veo Technologies ApS is a pioneer in the sports technology sector, specializing in automated game recording and performance analysis. The company's flagship products, including the Veo Cam 3 and Veo Go, leverage advanced AI to provide high-quality live streaming and detailed tactical insights. By removing the need for a dedicated camera operator, Veo has made professional-grade video analysis accessible to a wide range of users, from grassroots clubs and schools to elite professional teams. Their integrated software suite, Veo Editor, allows coaches and players to dissect performances, track player movement, and enhance training outcomes through data-driven feedback.
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 Atp, Seed Capital, Chr Augustinus Fabrikker, and Ventech
Key Investors in Veo Technologies
Atp
Established in 1964 and headquartered in Hillerød, Denmark, ATP is a prominent pension and insurance management company that provides long-term institutional backing.
Seed Capital
A Denmark-based investment firm specializing in supporting Nordic founders from seed stage to Series A and beyond, with a focus on deep tech and SaaS.
Chr Augustinus Fabrikker
A foundation-owned investment company with a history dating back to 1750, focused on long-term growth and maintaining local ownership in Danish businesses.
What's next for Veo Technologies?
With the recent infusion of capital, Veo Technologies is expected to prioritize the expansion of its international footprint and the continued development of its AI-powered analytics engine. The company is likely to focus on deepening its penetration into major sports markets, including football, rugby, and basketball, while potentially exploring new verticals within the sports tech landscape. As the demand for high-fidelity performance data continues to rise among both professional and amateur organizations, Veo's strategic roadmap will likely emphasize product innovation and the scaling of its cloud-based infrastructure to support a growing global user base.
See full Veo Technologies company page
