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Peripheral Labs

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uuid006frs2

Namestring
Peripheral Labs
Legal namestring
Peripheral Labs
Websiteurl
peripheral.pro
Company typeenum
Private
Founded yearint
2024
Descriptiontext

Peripheral Labs is a Toronto-based, privately held startup founded in 2024 that builds an AI-driven spatial intelligence platform for live sports and entertainment. Its core technology combines computer vision, neural rendering, and machine learning — originally developed for self-driving cars — to convert standard broadcast feeds and a network of off-the-shelf cameras into photorealistic, interactive 3D volumetric reconstructions of sporting events. Compared with legacy volumetric systems that require more than 100 cameras, Peripheral Labs' platform operates with roughly 32 cameras, substantially lowering the cost and complexity of producing volumetric video for replay, referee review, and fan-facing experiences.

The company's primary product is a volumetric video platform sold through enterprise field sales to North American professional sports leagues, teams, and broadcasters on multi-year platform contracts. A second product line is a biomechanics basketball shooting lab — North America's first, established in Toronto with QSLA using a 36-camera spatial intelligence installation — which extends the platform into athlete performance and training analytics. The company operates with a 10-person engineering team, was incubated by Entrepreneurs First, emerged from stealth in December 2025 with a $3.6M seed round led by Khosla Ventures, and was selected into the NBA Launchpad 5th cohort in January 2026, providing structured pilot access to the NBA and WNBA.

Short descriptiontext

Peripheral Labs builds an AI spatial intelligence platform that converts standard broadcast feeds into photorealistic 3D volumetric video for live sports. It sells multi-year platform contracts to North American sports leagues, teams, and broadcasters, and operates a Toronto biomechanics basketball shooting lab.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
volumetric video software, sports broadcasting technology, spatial intelligence platform, AI video reconstruction, athlete biomechanics analysis
Industry2 codes
1Sports Data-Driven/Interactive Streams (Stats Overlays, Alternate Feeds)
CodeMPAKAOAHPrimaryYes
2Real-Time Environment/Asset Creation & Photogrammetry
CodeMPAHADAIPrimaryNo
NAICS code2 codes
  • Motion Picture and Video Production512110
  • Postproduction Services and Other Motion Picture and Video Industries51219
SIC code1 code
  • Services-Motion Picture & Video Tape Production7812
Product category
Sports Technology / Volumetric Video Software
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Platform Licensing Contracts
TypeSubscription Recurring
Description

Multi-year platform contracts sold directly to sports clubs and leagues for access to volumetric video technology for broadcasting, replays, and analytics

sportsbusinessjournal.com
2Technology Services for Sports Broadcasters
TypeSubscription Recurring
Description

Providing multiple viewing angles and volumetric video capabilities to sports broadcasters as a service

thelogic.co
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Peripheral Labs builds an AI-driven neural rendering platform that converts standard broadcast video and inputs from sensor-embedded cameras into photorealistic 3D volumetric reconstructions of live sporting events. The platform enables interactive multi-angle replays, referee review, immersive fan viewing, and athlete biomechanical analysis, and is sold primarily through multi-year enterprise platform contracts to professional sports leagues, teams, and broadcasters.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Camera count reduced from 100+ to 32 off-the-shelf cameras
+1 more record
Product overview1 text field

Peripheral Labs offers a spatial intelligence platform for live sports and entertainment, centered on its proprietary volumetric video technology that repurposes self-driving car perception systems for sports broadcasting. The core platform converts standard camera feeds into photorealistic 3D volumetric video using neural rendering, enabling interactive replays and multi-angle viewing. The company has also developed a specialized biomechanics basketball shooting lab module for performance analysis. The platform competes with legacy volumetric video providers like Arcturus Studios, Canon, and Sony's Hawk-Eye, targeting North American sports leagues and teams with multi-year platform contracts.

Product and service3 records
1Volumetric Video Platform
CategoryVolumetric video software platform
Description

AI-driven neural rendering platform that converts standard broadcast feeds into photorealistic 3D volumetric video, enabling interactive multi-angle replays, referee reviews, and immersive fan viewing experiences for professional sports leagues, teams, and broadcasters.

2Spatial Intelligence Technology
CategorySpatial intelligence software
Description

Foundational spatial intelligence technology layer that combines computer vision, neural rendering, and machine learning to generate interactive, photorealistic 3D reconstructions of live sporting events from camera inputs.

3Biomechanics Basketball Shooting Lab
CategoryAthlete performance analytics service
Description

Toronto-based biomechanics basketball shooting lab using 36 cameras and AI spatial intelligence to analyze players' shooting mechanics in detail across an entire court, currently being tested with the NBA.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-25
Description

Peripheral Labs established North America's first biomechanics basketball shooting lab in Toronto in partnership with QSLA. The lab uses 36 cameras and AI-based spatial intelligence technology to analyze players' shooting mechanics in detail across an entire court.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-01-21
Description

Peripheral Labs was selected as one of five startups for the NBA Launchpad 5th cohort. The six-month pilot program provides access to both NBA and WNBA properties, collaboration, and support, culminating in a Demo Day pitch at the 2026 NBA Summer League in Las Vegas.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-01-21
Description

Peripheral Labs has access to WNBA collaboration and support through the NBA Launchpad incubator program, alongside the NBA.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Leading sports video and analytics platform serving teams from amateur to professional levels. Overlaps with Peripheral Labs' biomechanics and performance-analysis use cases, particularly across basketball, with established distribution to coaches and teams.

TypeBroad incumbent
Description

Verizon has demonstrated 5G-enabled volumetric sports capture in partnership with stadiums and leagues. Compares as a large incumbent exploring the same volumetric-sports-broadcasting space, with the carrier-network distribution advantage.

TypeEmerging player
Description

AI-powered sports video clipping, highlights, and content automation platform used by leagues and broadcasters. Compares as an adjacent AI-for-sports-broadcasting peer focused on automated content generation rather than 3D reconstruction.

TypeDirect peer
Description

Computer-vision-driven sports analytics and tracking company serving the NBA and other leagues. Comparable in applying CV/ML to live sports for both fan-facing broadcasts and team performance analysis — overlapping with Peripheral Labs' broadcast and biomechanics use cases.

TypeEmerging player
Description

AI-based markerless motion capture using computer vision and standard cameras. Comparable in repurposing CV/ML for spatial body tracking, partially overlapping with Peripheral Labs' biomechanics shooting analysis pipeline.

TypeEmerging player
Description

AI-automated sports video production using fixed multi-camera systems for amateur and youth sports broadcasting. Comparable camera-array-plus-AI architecture and adjacent use case (mass-market live sports capture), though focused upstream from pro leagues.

TypeDirect peer
Description

Direct peer providing volumetric video capture, editing, and streaming tools for sports and entertainment. Named by Peripheral Labs as a competitor and serves the same league/broadcaster customers with a more established, post-production-leaning workflow.

TypeBroad incumbent
Description

Volumetric video replay technology (originating from Replay Technologies) that uses dense camera arrays in stadiums to produce 3D replays. Closely comparable product category to Peripheral Labs' platform, with Intel's distribution and compute footprint behind it.

TypeDirect peer
Description

Direct competitor offering volumetric and ball-tracking technology used across major sports leagues for officiating and broadcasting. Explicitly named by Peripheral Labs as a competitor and represents the entrenched incumbent in the live-sports volumetric capture market.

TypeBroad incumbent
Description

Canon's Free Viewpoint video system is a multi-camera volumetric capture technology for live sports broadcasting. Explicitly named as a competitor; broader incumbent with deep camera-hardware manufacturing scale and broadcaster relationships.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Peripheral Labs

Sports Technology / Volumetric Video Softwareperipheral.pro

Peripheral Labs builds an AI spatial intelligence platform that converts standard broadcast feeds into photorealistic 3D volumetric video for live sports. It sells multi-year platform contracts to North American sports leagues, teams, and broadcasters, and operates a Toronto biomechanics basketball shooting lab.

What Peripheral Labs does

Peripheral Labs is a Toronto-based, privately held startup founded in 2024 that builds an AI-driven spatial intelligence platform for live sports and entertainment. Its core technology combines computer vision, neural rendering, and machine learning — originally developed for self-driving cars — to convert standard broadcast feeds and a network of off-the-shelf cameras into photorealistic, interactive 3D volumetric reconstructions of sporting events. Compared with legacy volumetric systems that require more than 100 cameras, Peripheral Labs' platform operates with roughly 32 cameras, substantially lowering the cost and complexity of producing volumetric video for replay, referee review, and fan-facing experiences.

The company's primary product is a volumetric video platform sold through enterprise field sales to North American professional sports leagues, teams, and broadcasters on multi-year platform contracts. A second product line is a biomechanics basketball shooting lab — North America's first, established in Toronto with QSLA using a 36-camera spatial intelligence installation — which extends the platform into athlete performance and training analytics. The company operates with a 10-person engineering team, was incubated by Entrepreneurs First, emerged from stealth in December 2025 with a $3.6M seed round led by Khosla Ventures, and was selected into the NBA Launchpad 5th cohort in January 2026, providing structured pilot access to the NBA and WNBA.

Peripheral Labs firmographics

Firmographics
Name
Peripheral Labs
Legal name
Peripheral Labs
Website
https://peripheral.pro
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
11–50 employees
Short description
Peripheral Labs builds an AI spatial intelligence platform that converts standard broadcast feeds into photorealistic 3D volumetric video for live sports. It sells multi-year platform contracts to North American sports leagues, teams, and broadcasters, and operates a Toronto biomechanics basketball shooting lab.
Ownership category
akta.pro rank

Peripheral Labs industry classification

Industry
Product category
Sports Technology / Volumetric Video Software
NAICS
Motion Picture and Video Production (512110), Postproduction Services and Other Motion Picture and Video Industries (51219)
SIC
Services-Motion Picture & Video Tape Production (7812)
akta.pro primary industry
Sports Data-Driven/Interactive Streams (Stats Overlays, Alternate Feeds) (MPAKAOAH)
akta.pro secondary industry
Real-Time Environment/Asset Creation & Photogrammetry (MPAHADAI)

Keywords

  • Volumetric video software
  • Sports broadcasting technology
  • Spatial intelligence platform
  • AI video reconstruction
  • Athlete biomechanics analysis

Where Peripheral Labs is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Peripheral Labs business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

  1. Platform Licensing Contracts: Multi-year platform contracts sold directly to sports clubs and leagues for access to volumetric video technology for broadcasting, replays, and analytics
  2. Technology Services for Sports Broadcasters: Providing multiple viewing angles and volumetric video capabilities to sports broadcasters as a service

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Peripheral Labs product offering

Product offering

Core offering

Peripheral Labs builds an AI-driven neural rendering platform that converts standard broadcast video and inputs from sensor-embedded cameras into photorealistic 3D volumetric reconstructions of live sporting events. The platform enables interactive multi-angle replays, referee review, immersive fan viewing, and athlete biomechanical analysis, and is sold primarily through multi-year enterprise platform contracts to professional sports leagues, teams, and broadcasters.

Product overview

Peripheral Labs offers a spatial intelligence platform for live sports and entertainment, centered on its proprietary volumetric video technology that repurposes self-driving car perception systems for sports broadcasting. The core platform converts standard camera feeds into photorealistic 3D volumetric video using neural rendering, enabling interactive replays and multi-angle viewing. The company has also developed a specialized biomechanics basketball shooting lab module for performance analysis. The platform competes with legacy volumetric video providers like Arcturus Studios, Canon, and Sony's Hawk-Eye, targeting North American sports leagues and teams with multi-year platform contracts.

Differentiator

Problem solved

Functional benefit

Products and services

  • Volumetric Video Platform AI-driven neural rendering platform that converts standard broadcast feeds into photorealistic 3D volumetric video, enabling interactive multi-angle replays, referee reviews, and immersive fan viewing experiences for professional sports leagues, teams, and broadcasters.
  • Spatial Intelligence Technology Foundational spatial intelligence technology layer that combines computer vision, neural rendering, and machine learning to generate interactive, photorealistic 3D reconstructions of live sporting events from camera inputs.
  • Biomechanics Basketball Shooting Lab Toronto-based biomechanics basketball shooting lab using 36 cameras and AI spatial intelligence to analyze players' shooting mechanics in detail across an entire court, currently being tested with the NBA.

Quantifiable outcome

  • Camera count reduced from 100+ to 32 off-the-shelf cameras
  • +1 more outcomes

Companies that use Peripheral Labs

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Peripheral Labs technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Peripheral Labs partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and flagship.

  • QSLA (Quantum Sports and Learning Association)coreStrategic or Co-development Partner · 25 May 2026Peripheral Labs established North America's first biomechanics basketball shooting lab in Toronto in partnership with QSLA. The lab uses 36 cameras and AI-based spatial intelligence technology to analyze players' shooting mechanics in detail across an entire court.
  • NBA (National Basketball Association)flagshipStrategic or Co-development Partner · 21 January 2026Peripheral Labs was selected as one of five startups for the NBA Launchpad 5th cohort. The six-month pilot program provides access to both NBA and WNBA properties, collaboration, and support, culminating in a Demo Day pitch at the 2026 NBA Summer League in Las Vegas.
  • WNBAflagshipStrategic or Co-development Partner · 21 January 2026Peripheral Labs has access to WNBA collaboration and support through the NBA Launchpad incubator program, alongside the NBA.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Peripheral Labs competitors and assessment

Company assessment

Broad incumbents

  • Hudl: Leading sports video and analytics platform serving teams from amateur to professional levels. Overlaps with Peripheral Labs' biomechanics and performance-analysis use cases, particularly across basketball, with established distribution to coaches and teams.
  • Verizon 5G Volumetric Sports: Verizon has demonstrated 5G-enabled volumetric sports capture in partnership with stadiums and leagues. Compares as a large incumbent exploring the same volumetric-sports-broadcasting space, with the carrier-network distribution advantage.
  • Intel True View: Volumetric video replay technology (originating from Replay Technologies) that uses dense camera arrays in stadiums to produce 3D replays. Closely comparable product category to Peripheral Labs' platform, with Intel's distribution and compute footprint behind it.
  • Canon Free Viewpoint: Canon's Free Viewpoint video system is a multi-camera volumetric capture technology for live sports broadcasting. Explicitly named as a competitor; broader incumbent with deep camera-hardware manufacturing scale and broadcaster relationships.

Emerging players

  • WSC Sports: AI-powered sports video clipping, highlights, and content automation platform used by leagues and broadcasters. Compares as an adjacent AI-for-sports-broadcasting peer focused on automated content generation rather than 3D reconstruction.
  • Move.ai: AI-based markerless motion capture using computer vision and standard cameras. Comparable in repurposing CV/ML for spatial body tracking, partially overlapping with Peripheral Labs' biomechanics shooting analysis pipeline.
  • Pixellot: AI-automated sports video production using fixed multi-camera systems for amateur and youth sports broadcasting. Comparable camera-array-plus-AI architecture and adjacent use case (mass-market live sports capture), though focused upstream from pro leagues.

Direct peers

  • Second Spectrum: Computer-vision-driven sports analytics and tracking company serving the NBA and other leagues. Comparable in applying CV/ML to live sports for both fan-facing broadcasts and team performance analysis — overlapping with Peripheral Labs' broadcast and biomechanics use cases.
  • Arcturus Studios: Direct peer providing volumetric video capture, editing, and streaming tools for sports and entertainment. Named by Peripheral Labs as a competitor and serves the same league/broadcaster customers with a more established, post-production-leaning workflow.
  • Sony Hawk-Eye Innovations: Direct competitor offering volumetric and ball-tracking technology used across major sports leagues for officiating and broadcasting. Explicitly named by Peripheral Labs as a competitor and represents the entrenched incumbent in the live-sports volumetric capture market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Peripheral Labs social profiles

Digital presence

Peripheral Labs financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Peripheral Labs leadership team

Management profile

Number of profiles

Profiles2 records

Peripheral Labs funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Peripheral Labs M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peripheral Labs

What does Peripheral Labs do?

Peripheral Labs builds an AI-driven neural rendering platform that converts standard broadcast video and inputs from sensor-embedded cameras into photorealistic 3D volumetric reconstructions of live sporting events. The platform enables interactive multi-angle replays, referee review, immersive fan viewing, and athlete biomechanical analysis, and is sold primarily through multi-year enterprise platform contracts to professional sports leagues, teams, and broadcasters.

Is Peripheral Labs a public or private company?

Peripheral Labs is a private company. It is classified as venture growth investor backed and is currently operating.

When was Peripheral Labs founded?

Peripheral Labs was founded in 2024. It employs 11 to 50 people.

Where is Peripheral Labs based?

Peripheral Labs is headquartered in Toronto, Canada, in the North America region.

How does Peripheral Labs make money?

Two revenue lines are on record. Platform Licensing Contracts are the primary driver. The others are technology Services for Sports Broadcasters.

Who are Peripheral Labs's main competitors?

Broad incumbents on record are Hudl, Verizon 5G Volumetric Sports, Intel True View and Canon Free Viewpoint. Emerging players are WSC Sports, Move.ai and Pixellot. Direct peers are Second Spectrum, Arcturus Studios and Sony Hawk-Eye Innovations.

Does Peripheral Labs have an API?

No public API is recorded for Peripheral Labs.

What industry is Peripheral Labs in?

Peripheral Labs's product category is Sports Technology / Volumetric Video Software. Its primary akta.pro industry code is MPAKAOAH, Sports Data-Driven/Interactive Streams (Stats Overlays, Alternate Feeds), with a secondary code of MPAHADAI, Real-Time Environment/Asset Creation & Photogrammetry. Its NAICS code is 512110 and its SIC code is 7812.

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Live signals
BetaKitPeripheral hires former Meta Reality Labs exec to lead volumetric video pushPeripheral Labs hired former Meta Reality Labs head Shaun Carrigan as its first chief product officer. He will lead product and go-to-market for the company's volumetric video capture and markerless tracking infrastructure for live sports. Carrigan previously worked on NFL and MLB tech, and Peripheral recently raised $8.7 million in seed funding.FinSMEsPeripheral Raises $8.7M in Seed FundingPeripheral, a Toronto-based AI spatial intelligence company, raised $8.7 million in seed funding led by Inovia Capital and Deloitte Ventures, bringing its total capitalization to $12.5 million. The company plans to utilize these funds to expand its engineering team and accelerate deployments with sports leagues and stadiums. Peripheral currently serves broadcasters across North America, including testing with the NBA.The SaaS NewsPeripheral Raises $8.7M SeedPeripheral, a Toronto-based AI research lab, has raised $8.7 million in seed funding co-led by Inovia Capital and Deloitte Ventures, bringing its total funding to $12.5 million. The company intends to use the capital to expand its engineering team and accelerate the deployment of its spatial intelligence platform for live sports media. This investment supports the development of AI technology that transforms standard multi-camera feeds into immersive, interactive viewing experiences.BetaKitPeripheral nets $8.7 million USD to bring spatial intelligence tech to sportsToronto-based AI startup Peripheral Labs secured $8.7 million USD in seed funding co-led by Deloitte Ventures and Inovia Capital to develop spatial intelligence technology for the sports market. The company, which previously partnered with the Quantum Sports and Learning Association and demonstrated its tech to NBA officials, plans to use the capital to expand its engineering team and launch a consumer-facing replay system later this year.citybizPeripheral Raises $8.7M to Expand AI Sports Media PlatformToronto-based Peripheral has raised $8.7 million in seed funding led by Inovia Capital and Deloitte Ventures to expand its AI-driven spatial intelligence platform for live sports broadcasts. The company, which recently demonstrated its technology to NBA officials, plans to use the capital to grow its engineering team and launch a consumer-facing interactive replay system later this year.Financial PostPeripheral Raises $8.7M co-led by Inovia Capital and Deloitte Ventures, to Expand Spatial Intelligence Platform for Live SportsPeripheral, a Toronto-based AI research lab, announced it has raised $8.7 million in seed funding co-led by Inovia Capital and Deloitte Ventures, bringing its total funding to $12.5 million. The company plans to use the capital to expand its engineering team and accelerate deployments of its spatial intelligence platform for live sports media, following successful demos with NBA officials.BitlyVolumetric video platform Peripheral raises $8.7MVolumetric video platform Peripheral has raised an $8.7 million seed round co-led by Deloitte Ventures and Inovia Capital, with participation from Khosla Ventures and Entrepreneurs First. Founded in 2024 by Kelvin Cui and Mustafa Khan, the company utilizes sensor-laden cameras to convert live data into photorealistic 3D interactive replays. The startup intends to use the new funding to expand its engineering team and target clients within leagues, stadiums, and media sectors.FinancialContent Business PagePeripheral Raises $8.7M co-led by Inovia Capital and Deloitte Ventures, to Expand Spatial Intelligence Platform for Live SportsPeripheral, a Toronto-based AI research lab, announced the closing of an $8.7 million seed funding round co-led by Inovia Capital and Deloitte Ventures, bringing its total funding to $12.5 million. The company plans to use the capital to expand its engineering team and accelerate deployments of its spatial intelligence platform with sports leagues and stadiums. This development follows successful demonstrations of its technology at the 2026 NBA Summer League.LinkedInSuper excited to invest in Peripheral alongside our friends at Inovia Capital, Khosla Ventures, and Entrepreneurs First. Congrats to Kelvin Cui, Mustafa Khan and the rest of the team - excited to…Peripheral announced $8.7M in new seed funding co-led by Inovia Capital and Deloitte Ventures Canada, with follow-on from Khosla Ventures and Entrepreneurs First, bringing total raised to $12.5M. The company uses self-driving car technology to create broadcast-quality volumetric video replays. The capital will expand engineering and launch a consumer-facing browser-based replay system later this year.Business Wire BlogPeripheral Raises $8.7M co-led by Inovia Capital and Deloitte Ventures, to Expand Spatial Intelligence Platform for Live SportsPeripheral, a Toronto-based AI research lab, raised $8.7M in seed funding co-led by Inovia Capital and Deloitte Ventures, bringing total funding to $12.5M. The company will use the capital to expand its engineering team and accelerate deployments with sports leagues, debuting a consumer-facing browser-based replay system later this year.