Soccer Analysis Platform 'Bipro Eleven' Secures $10 Million Investment
Altos Ventures, SoftBank Ventures, Saehan Ventures, Spring Camp, and Mirae Asset Venture Investment Participate in Funding
[Asia Economy Reporter Kim Cheol-hyun] Soccer analysis platform Bepro11 (CEO Kang Hyun-wook) announced on the 11th that it has secured an investment worth 10 million dollars.
The investment involved Altos Ventures, SoftBank Ventures, Saehan Ventures, Spring Camp, Mirae Asset Venture Investment, among others, and is an additional investment following approximately 10 billion won raised in July 2018.
Despite being made in a situation where most soccer leagues were suspended due to the novel coronavirus disease (COVID-19) and the global sports industry was facing ongoing difficulties, the investment attracted active participation from investors who highly evaluated the technology and growth potential.
Founded in 2015, Bepro11 is a Korean native soccer analysis company headquartered in Hamburg, Germany. It applies artificial intelligence (AI) technology to match footage filmed by special cameras installed in stadiums to judge and analyze all play situations occurring during the game. Its distinctive feature is providing high-quality data and videos automatically to players and teams through its proprietary platform.
Recently, by utilizing AI tracking and live streaming technology, it technically supports coaching staff and analysts on-site to understand game situations in real time and respond tactically. Currently, it provides services to over 700 teams worldwide, including teams from major European leagues such as the EPL, Bundesliga, and Serie A.
Based on this investment, Bepro11 plans to focus on further developing AI-based soccer analysis technology and expanding its presence in the global market. In particular, it will concentrate on the European market, considered the center of the soccer industry, and focus on developing technology that can provide practical help for teams' victories and growth.
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Kang Hyun-wook, CEO of Bepro11, said, "A major change in the sports industry is beginning due to new technology, and as a leader of this change, Bepro's position has been further strengthened," adding, "We have been able to continuously improve the platform and provide more value to customers during difficult times."
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