Linius - $600k raise to expand in US

Linius Technologies Limited has secured $600,000 in funding to expand its presence in the US college sports market, particularly in American Football, and to enhance its automated highlights product, demonstrating the company's strategy to scale through new deals and customer expansions.

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Linius Technologies Limited has secured $600,000 in funding to expand its presence in the US college sports market, particularly in American Football, and to enhance its automated highlights product, demonstrating the company's strategy to scale through new deals and customer expansions.

This capital will support Linius' growth in the US sports market, further investment in broadcast and college sports segments, and the deployment of its unique video virtualization technology to create personalized viewer experiences.

Linius CEO, James Brennan said :

"We have a clear opportunity to scale into the US college market, working within the provider ecosystem that will unlock opportunities faster and bigger than before."

"We have an indisputable differentiator in the high-growth, well-established automated highlights market through our virtual video - nobody else can provide personalized auto-highlights or highlights packages across a 50-year archive in seconds."

  • ASX Code: LNU