Peripheral Nets $8.7 Million USD to Bring Spatial Intelligence Tech to Sports

Peripheral nets $8.7 million USD to bring spatial intelligence tech to sports

Toronto-based AI startup Peripheral Labs announced on Monday that it has secured another $8.7 million USD ($12.1 million CAD) in seed funding to accelerate the development and deployment of its spatial intelligence technology for the sports market. The financing was co-led by two new investors, Toronto’s Deloitte Ventures and Montréal-based Inovia Capital, with support from existing backers Khosla Ventures and Entrepreneurs First. It brings Peri…

Peripheral Raises $8.7M co-led by Inovia Capital and Deloitte Ventures, to Expand Spatial Intelligence Platform for Live Sports

TORONTO — Peripheral, the AI research lab bringing spatial intelligence to live sports media, today announced $8.7M in new seed funding co-led by Inovia Capital and Deloitte Ventures, with follow-on participation from existing backers Khosla Ventures and Entrepreneurs First, bringing total funding to $12.5M for the Toronto-based startup. “The demand for immersive, interactive sports experiences […]

Toronto startup Peripheral Labs raises $8.7 million to bring 3D replays to sports – Telematics Wire

A Toronto based startup called Peripheral Labs has raised 8.7 million US dollars in seed funding to bring its 3D video technology to sports broadcasting and coaching. The new round takes the company’s total funding to 12.5 million US dollars since it was founded in 2024. Peripheral was started by Kelvin Cui and Mustafa Khan, two University of Toronto robotics graduates who previously worked as engineers on self driving cars. They have built what…

Vyking Ventures expends its reach into sports technology

Vyking Ventures, the investment arm of Vyking, has become an investor in Dopamine Sports Ventures, the specialist early-stage and growth fund for sports technology, backing its mission to identify and support category-winning companies across the sector. The investment reinforces Vyking Ventures’ commitment to funding companies at the intersection of gaming, technology and next-generation player and fan engagement, extending that thesis into the…