Portugal-based expertise startup Replai introduced that it has raised a €1.2M EUR ($1.35M USD) seed funding led by early-stage enterprise agency Brilliant Pixel. Additional buyers that participated within the financing spherical included early-stage funding agency Ideias Glaciares, internet marketing firm Intelligent Promoting, alongside a number of enterprise angels. The corporate intends to make use of the funding proceeds for enterprise growth, hiring new expertise, and worldwide enlargement.
Replai, which was based final 12 months by João Costa and Francisco Pacheco, develops synthetic intelligence and machine learning-based software program to automate the creation of spotlight movies from esports reside streams. By means of its software program, the corporate goals to “maximize audiences and generate income for sponsors and advertisers.”