# AI-Powered Sports Cameras Veo Received Funding for Its AI Camera That Films and Edits Sports Games By Daniel Johnson | Published 2021-01-07 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/ai-camera1 References: [techcrunch](https://techcrunch.com/2021/01/06/veo-raises-25m-for-ai-based-cameras-that-record-and-analyze-football-and-other-team-sports/) & [veo.co](https://www.veo.co/) [Veo](https://www.trendhunter.com/trends/google-veo-3-vertical), a startup company based out of Copenhagen, was able to raise $25 million to scale its business that uses [AI cameras to record sports games](https://www.trendhunter.com/trends/sports-training-systems). The funding was led by Augustinus Fabrikker, a Danish investor. Veo’s CEO and co-founder, Henrik Teisbæk stated that the funding will be used in two different ways, the first is expanding into the United States with a Miami office. The second is that funding will be used is to continue to improve the technology. Veo cameras are able to [film sporting events on their own](https://www.trendhunter.com/trends/ganai), which could drastically reduce the cost of filming games. Teisbæk said that before Veo, “You need a guy sitting on a scaffold, and time and money to then cut that down to highlights. It’s just too cumbersome.” Image Credit: Veo Technologies ## Trend Insights (Trend Hunter) - Score: 5.5/10 - Popularity: 78% | Activity: 77% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Gadgets](https://www.trendhunter.com/gadgets) ## Key Themes ### What Makes This Trend Stand Out - **AI-powered Sports Cameras:** The trend of AI-powered sports cameras is disrupting the way sports events are filmed and could revolutionize the sports industry. - **Automated Video Editing:** The trend of automated video editing through AI-powered cameras creates a disruptive innovation opportunity in the video production and editing industries. - **Cost Reduction in Sports Filming:** The trend of using AI-powered cameras to film sports events on their own is disrupting the sports industry by reducing filming costs and creating new opportunities for sports organizations. ### Sectors Adopting This - **Sports Technology:** The sports technology industry is experiencing disruptive innovation due to the trend of AI-powered sports cameras that are changing the way sports events are filmed and analyzed. - **Video Production:** The video production industry can benefit from the trend of automated video editing through AI-powered cameras, which can provide new capabilities for video producers and editors. - **Sports Broadcasting:** The trend of using AI-powered cameras in sports filming presents disruptive innovation opportunities for the sports broadcasting industry by creating new ways to capture and deliver sports events to viewers. ## Related on Trend Hunter - [AI-Powered Gameplay Edits](https://www.trendhunter.com/trends/videoverse.md) - [Youth Sports Analysis Tools](https://www.trendhunter.com/trends/gamechanger-film-room.md) - [AI-Powered Video Highlights Services](https://www.trendhunter.com/trends/aipowered-video-highlights.md) - [AI-Powered Action Cameras](https://www.trendhunter.com/trends/insta360-1.md) - [AI-Powered Esports Companies](https://www.trendhunter.com/trends/regression-games.md) - [AI-Powered Video Generators](https://www.trendhunter.com/trends/avataar.md) - [Video AI Platforms](https://www.trendhunter.com/trends/spot-ai.md) - [AI-Powered Exercise Cameras](https://www.trendhunter.com/trends/smart-exercise-camera.md) - [AI Injury Prevention Platforms](https://www.trendhunter.com/trends/ai-injury-prevention.md)