International Sportstech News

Sports technology company Feldspar is working on creating the 'world’s first sensor-enabled running track’. Feldspar, a UK-based sports technology company, say their work is well underway to create a smart running surface which will help athletes train by feeding them AI-driven real-time data in addition to giving fans the kind of insights and analytics that have never been available before.

Leaders of CrossFit, Sweetgreen, Thrive Market, Athletic Greens, Momentous, Pendulum, Plunge and dozens of other health and wellness companies are joining together to an advocacy group to share stories of how Americans are using healthy food, exercise and other root cause actions to reverse chronic conditions. The key message of End Chronic Disease is simple: Americans are entitled to choice in where their healthcare dollars go – and that choice should include medically incentivized food and exercise interventions.

The ATP has announced the approval of in-competition wearable devices for players across the ATP Tour and ATP Challenger Tour, starting from 15 July. The initiative ushers in a new era of innovative data-led performance analytics and injury prevention in tennis. Wearable devices will generate cutting-edge insights for players from physical metrics such as heart rate and high-intensity load data, enhancing their analysis of matches and training sessions. ATP has approved both STATSports and Catapult devices and will centralise all data into ATP Tennis IQ – Wearables, an intuitive new dashboard for players.

Longevity-centered health platform, Function Health, has secured $53 million in a Series A funding round that attracted a slew of celebrities and wellness experts. The health platform, co-founded by Dr. Mark Hyman, offers 100-plus lab tests across all areas including heart, thyroid, hormones, brain, cancers and fertility (five times more than the average physical, according to Function) and provides detailed and actionable insights from doctors for $US499 per year, or $US42 per month. Results are stored so members can spot health trends over time and easily share the results with doctors. 

Nix Biosensors, the leading provider of cutting-edge hydration monitoring technology, has announced the launch of their groundbreaking app, Nix Pro. Building on the success of their individual athlete-focused app, Nix Solo, Nix Pro is designed for group hydration monitoring of sports teams, labor groups, and tactical organizations dedicated to increasing safety and improving performance among their respective groups.

Euroleague Basketball has announced the completion of the selection process for the 2024 Euroleague Basketball FanXP, a pioneering initiative in partnership with SPORTBIZ EUROPE. The Euroleague Basketball FanXP competition focuses on enhancing various aspects of the basketball experience, including Content Creation, Fan Engagement, Fantasy Sports, Gameday Experience, Digital Solutions, Venue Management, and New Businesses. Over the next five months, startups will strive to align with these criteria and showcase their expertise. A total of 16 candidates have been selected from 12 countries.

TMRW Sports, which is focused on building progressive approaches in sports, media, and entertainment, has announced the closure of its Series A investment round. The round was co-led by Dynasty Equity. TMRW Sports was founded by Tiger Woods, Rory McIlroy, and Mike McCarley. TMRW Sports’ first project is TGL presented by SoFi, a new team golf league that fuses advanced tech and live action with six teams of PGA TOUR superstars and will launch in January.

The NCAA x Meta have announced a new 'NIL Empower Program', a collaboration that will help women maximize their name, image and likeness endeavors throughout their time as college athletes. Participants will have the opportunity to form direct relationships with Meta experts, who will provide product and business best practices. The program will include education on building a community, using social media safety resources and preparing for the future. Corporate partner Invesco QQQ will assist the NCAA in building a financial literacy and career development session.

What if consumers could achieve their fitness goals with personalized, AI-powered workout planning and guidance for less than the cost of a weekly cup of coffee? That’s the idea behind Zing Coach, a fitness app backed by health tech company Palta, which just raised $US 10 million in equity and debt financing in a Series A funding round. Zing Coach will use the funding to enhance its technology and features, enter new markets and expand its team.

Centre Court Capital (CCC), a venture capital firm backed by the Sajjan Jindal Family Trust and specializing in sports tech and gaming, has led led an undisclosed Series A investment round in Quidich Innovation Labs. Quidich, a sports broadcast technology company founded by Rahat Kulshreshtha and Gaurav Mehta, has been focusing exclusively on sports, especially cricket, since 2019.

Nike athletes traveling to Paris will have recovery technology on their feet thanks to the new Nike x Hyperice boot, a collaboration between Nike and Hyperice that features heat and air compression for feet and ankles in the form of a high-top boot. To make it all work, the shoe includes Hyperice’s Normatec bladders bonded to warming elements to distribute heat throughout the shoe’s upper. Designed to push heat into muscle tissue, the boot can assist with both warmup and recovery. 

Over the past few days, the Connected Ball "Fussballlliebe" has been reported on worldwide. It is the first Official Match Ball produced for the UEFA European Football Championship tournament that incorporates Connected Ball #Technology, enabling match officials to make accurate decisions faster. The innovation contributes to UEFA's semi-automated offside technology. As demonstrated during the match Belgium-Slovakia, it can also help VAR officials to identify every individual touch of the ball, reducing time spent resolving handball and penalty incidents.

Kinomap – the platform & community providing the largest library of video footage from real-world locations for virtual cardio workouts – is now fully integrated within the one-and-only Technogym Ecosystem. The open-platform nature of the Technogym Ecosystem means that it seamlessly combines Artificial Intelligence, on-demand content, software, apps, fitness equipment and wearable devices.

SportsTechX have released a new report on Innovation Challenges faced by Sports Organisations. Some of the key trends from different stakeholders in the sports industry include;

- The Athlete - integrated solutiosn to manage various needs

- The Fan - enhancing the fan experience at home and in venue

- The Executive - improved operational efficiency and revenue opportunities.

After years of innovating the industry’s leading GPS sport watches–defined by long battery life, an incredibly easy-to-use interface, and robust training software, COROS announced today that it will bring the same formula to an all-new, solar-powered GPS bike computer, the COROS DURA. COROS DURA supports 120 consecutive hours of ride time with full GPS on a single charge. Also included with COROS DURA is a full training platform at your fingertips with the COROS app and desktop-friendly COROS Training Hub at no extra cost or monthly fee. 

Indian fantasy sports operator Dream Sports is shutting down its corporate venture capital unit, barely two years after it was launched. The company unveiled Dream Capital in August 2021 with a $250m commitment and planned to invest in gaming, sports and fitness startups in neighbouring areas to its core business, online fantasy sports platform Dream11. Dream Sports is India’s market leader in fantasy sports, having made more than $460m in revenue in 2022. But it is facing cash issues of its own due to the government imposing a 28% goods and services tax on industries including online gaming from this month. The move has led to businesses across the sector making heavy cuts to staff and operations.

For two weeks in July, the All England Lawn Tennis Club (AELTC) hosts Wimbledon. IBM has been partnering with the Club for more than three decades, enhancing coverage of The Championships and engaging fans with rich data-driven insights. This year, some of the most compelling stories of the tournament will be told with the help of IBM® watsonx™, the enterprise-ready generative AI platform. The new Catch Me Up feature, available in the Wimbledon app and website, provides AI-generated summaries for every singles player—describing what happened in their last match and the challenges they face in their next one. Users can personalize their Catch Me Up list by adding their favorite players. If matches are live or video highlights are available, Catch Me Up provides relevant links.

The International Cricket Council (ICC) has announced the launch of ICC Immersive, a revolutionary app designed to transform the way fans experience cricket. ICC Immersive invites fans to step onto the cricket pitch from the comfort of their homes, offering a virtual experience. Developed in partnership with Quidich, a leader in sports technology, this app debuts during the Men’s T20 World Cup 2024 and is available for Apple Vision Pro users. The app harnesses advanced tracking technologies and various data sources to create an authentic replica of the stadium environment.

chelon has acquired ThriveX, signifying that the emerging fitness equipment brand is bullish on the recovery space. ThriveX is known for its advanced recovery solutions such as cold immersion therapy systems, smart hybrid saunas and compression boots and is a leading contender for Beyond Activ’s Startup of the Year award. ThriveX, which launched last June in Singapore and reported over $600,000 in sales within months, has since expanded its reach to the U.S., UAE, India, Thailand and Russia. 

Sports technology leader Hudl is on the verge of acquiring football analytics firm StatsBomb, as reported by The Athletic. Hudl, a premier performance analysis platform in the football industry, aims to consolidate its services in data, video, and analytics.  StatsBomb now covers over 100 football competitions worldwide, including three-quarters of Premier League and Championship teams, as well as two-thirds of MLS clubs. A significant draw for Hudl is StatsBomb’s potential to expand into other sports. In June 2022, StatsBomb introduced an American football product, leveraging their football analytics expertise to create a comprehensive college sport database. 

International Olympic Committee (IOC) Members will vote on the creation of Olympic Esports Games at the upcoming IOC Session held during the Paris Games. The IOC is already in advanced discussions with a potential host, and an announcement can be expected very soon after the last formalities have been finalised.

Future of Sport Lab (FSL) announced that nine Canadian sport tech startups have been accepted into its acclaimed incubator program. The companies come from a range of sectors including AI, athlete training, fan engagement, wearable technology and smart equipment, analytics and sports betting. Each of the startups will receive immersive programming in partnership with leading business incubator the DMZ, access to leading academics, and an opportunity to engage and receive mentorship from leaders across the FSL network.

Genius Sports and the International Betting Integrity Association (IBIA) have agreed to a global sports betting integrity information sharing and wider anti-match-fixing partnership. Genius Sports is the trusted integrity partner to over 150 sports leagues and federations worldwide, including the NFL, Premier League, PGA TOUR and DFB. It provides sports with comprehensive integrity services including 24/7 bet monitoring and reporting, bespoke education tools and robust intelligence solutions.

World Athletics and Tata Communications today announced a five-year global host broadcasting services deal covering World Athletics Series events. From 2025, Tata Communications will be a key strategic supplier for World Athletics, with a view to elevating innovation and audience engagement to new heights. As the host broadcaster of World Athletics Series events, Tata Communications will take on the pivotal role of crafting immersive coverage, and delivering customised, world-class live content across continents.

A global leader in AI automated sports video, Spiideo, announced the successful completion of a $20 million funding round led by Munich-based growth equity firm, Cipio Partners. The company will use this new investment to further accelerate innovation by expanding its product and AI teams, and drive growth through an expanded international sales team. Spiideo’s products are installed in over 6,000 venues and used by more than 4,000 teams across English football’s Premier League, NHL, NBA, Serie A, MLS, Ligue 1, NCAA, Liga MX, and Bundesliga.

Apple today previewed watchOS 11, with features for Apple Watch that build on its leading sensor technology, advanced algorithms, and science-based approach to offer breakthrough insights into users’ health and fitness, and more personalization than ever. The new Vitals app surfaces key health metrics and context to help users make more informed day-to-day decisions, and the ability to measure training load offers a game-changing new experience when working out for improved fitness and performance.

Fitbit is hoping to crack the market of wearable trackers for kids with their Ace LTE, a location-tracking smartwatch that incorporates activity gamification. The device features an array of small video games that children can play for limited periods before being told they must unlock more game time by meeting a certain activity goal. Youngsters can also play with the watch’s built-in Tamagotchi-esque game, the eejie.

Cisco and McLaren Racing have announced an expanded global partnership that now incorporates Cisco’s security solutions. This extension provides the team with comprehensive network visibility, enhanced threat intelligence, and streamlined security management across all their network operations. Professional sports organizations face a unique and elevated intensity of cyber threats. The combination of high-value data, widespread media coverage, and the involvement of various stakeholders makes these organizations prime targets for cyberattacks.

SportsTechX has released its Global SportsTech Ecosystem Report for 2024. The Report highlights a wave of consolation (M&A) as well as new funds & initiatives consistently entering the industry. Three key finding for this year include B2B solutions gaining importance, fitness tech continuing to attract investors and BigTech (eg Apple, Amazon, Google, Meta & others) heavily investing in sports, in various ways. 

Global sports data, live streaming and AI pioneer Stats Perform today announced it has secured the rights to exclusively collect and distribute official data and live streams for the ICC to licensed betting operators around the world. It includes the ICC T20 Men’s and Women’s World Cups, Men’s and Women’s Cricket World Cups, ICC Champions Trophy, and the ICC World Test Championship Final. Stats Perform will provide a comprehensive range of services for the ICC events to its wide portfolio of licensed betting operator partners, including real-time ball-by-ball match data and low latency video streams.

Sword Health, a pioneer of AI Care, artificial intelligence powering the delivery of care, announced a financing round of $US 130 million putting its valuation at over $US 3 billion. Sword has reinvented the way care is delivered, starting with back, joint, and muscle pain and has expanded to women’s pelvic health issues and sedentariness. The company has delivered over three million AI sessions to members to date and is available to over 10,000 employers across three continents.

USTA'a new strategic investment initiative, USTA Ventures, has invested in PlayReplay, a tennis technology company featuring an electronic line-calling (ELC) system set to increase access to accurate, user-friendly ELC for junior, adult and recreational play nationwide. The PlayReplay ELC system utilizes a minimally intrusive camera solution that provides a level of accuracy and precision not previously seen in replay technology priced for recreational competition. Through the PlayReplay app, or a touchscreen that can be installed courtside, players can immediately access necessary player and ball tracking data, “challenge” a line call and receive a visual representation of where the ball landed and an in/out ruling.

Turnstile has been appointed to value some of Riot Games key sponsorship assets. Esports assets are a powerful mix of audience reach and intellectual property value and Turnstile is built to unlock this sort of value proposition. Riot Games, #1 in the esports space, continues to shatter records for viewership across LoL Esports and Valorant Esports in 2024. With hundreds of thousands of engaged fans tuning in for the premier esports events, including the highly acclaimed League of Legends Championship (LEC) and VALORANT Champions Tour EMEA, the EMEA Riot team is ramping up efforts in partnership with Turnstile.

LALIGA and SportBoost have launched MEET LALIGA EA SPORTS, the second edition of the innovation programme aimed at startups around the world. The programme aims to identify disruptive technological solutions that can break down barriers between the physical and the digital, as well as generate new experiences that strengthen engagement with current and future fans. Immersive training solutions for grassroots football that improve the physical and mental well-being of young talents are also encouraged. The call will be open until 19th August 2024. The winning startup will receive a financial contribution of €10,000 to boost its project.

ThinkSport and Terre des hommes is organising a first full-day ideation session to kick off their 'Youth Sports Safety' Challenge that will take place on 12 September 2024 in Lausanne (Switzerland). Participants will include various participants from different sectors and backgrounds such as Safeguarding professionals, Child and Young Protection experts, Federations involved or willing to be more involved in the topic, young athletes, coaches, professionals of child participation, and researchers. The focus will be on brainstorming and developing innovative ideas to address the Challenge, leveraging the diversity of expertise within the group.

The I3-INSHAPE is an EU project with the aim of strengthening the European digital economy by creating a network of Innovation and Investment Hubs in the field of sports and Healthy active lifestyle. The Project lasts for 36 months and seeks to support the creation of interregional innovation investments resulting in the commercialisation and scale up of innovative SME-led initiatives in the field of sports. Ultimately, this will contribute to a more active and healthier lifestyle for European citizens. 

Champions Innovate is a groundbreaking initiative that takes place in the months leading up to the men's Champions League final and brings together UEFA, commercial partners, the host city and start-up companies. Each season, the start-ups are tasked with finding innovative solutions to specific challenges set by the host city. After months of hard work to find ways to make the UEFA Champions League final more sustainable, the three Champions Innovate finalist start-ups – Pavegen, My Emissions and Pledgeball – presented their innovative pilot projects to a judging panel at a showcase event at London City Hall two days before the 2024 UEFA Champions League final. Each was teamed up with one of three Champions League sponsors – Rockstar Energy Drink (PepsiCo), Just Eat Takeaway.com and Mastercard.

The International Cricket Council (ICC) and FanCraze today announced a multi-year partnership extension marking a milestone in the evolution of digital fan engagement with the launch of new products during the ICC Men’s T20 World Cup 2024. The announcement also detailed the upcoming launch of ICC Crictos SuperTeam, a Web3 fantasy game featuring officially licensed ICC digital video collectibles. With SuperTeam, fans will be able to build fantasy teams using their ICC Crictos and compete in contests to win amazing rewards on a daily basis, week after week proving their cricket nous to the world.

The Olympic AI Agenda sets out a governance and oversight framework to identify and mitigate risk, and it will be a continuous process to leverage the insights and experience of prominent experts to support the deployment of AI for the Olympic Movement. It has been developed in collaboration with an AI Working Group – a panel of experts from around the world, including AI pioneers, academics, athletes and representatives of technology companies – convened by the IOC in 2023. The full agenda can be downloaded at: https://stillmed.olympics.com/media/Documents/International-Olympic-Committee/AI/Olympic-AI-Agenda.pdf

WSC Sports, the specialist in AI-powered sports content technology, has announced its evolution to an AI content management, creation, and distribution solution. The company aims to empower sports media rights holders to engage with fans through more personalised content, formats and viewing channels. As part of the company’s next phase of growth, WSC Sports is formally introducing three new solutions to its product suite: Around the Game, In-App Stories and Discovery Network.