Series A completed in two closings; total raise $6.2M with latest $3.2M from KB Partners, Koppenberg Management, Match Ventures and others. Technology includes patented in-valve sensor embedded in balls; funds to support product range expansion and professional league applications.
About SportIQ
Helsinki-based company that builds smart basketballs with an in-valve sensor and analytics app using AI and physics to track shots and provide personalised coaching and professional analytics.
Helsinki, Finland
Read Company ProfileFrequently Asked Questions
What type of funding round did SportIQ raise?
SportIQ raised a series-a round.
How much did SportIQ raise in its series-a?
SportIQ raised $6,200,000 USD in its series-a.
Who invested in SportIQ's series-a?
The investors in SportIQ's series-a are: KB Partners, Koppenberg Management, Match Ventures, Group of high-net-worth individuals, Family offices.
What type of investment was SportIQ's series-a?
SportIQ's series-a was a equity investment.
How will SportIQ use the funds from its series-a?
SportIQ plans to use the funds for: market expansion, platform development, development of new applications for professional leagues and other sports.