Sports Loft Podcast

Sports Loft
Sports Loft Podcast Podcast

On the Sports Loft Podcast, we talk to the innovators shaping the future of the sports industry. Our guests include tech pioneers building groundbreaking companies, leading executives from the world’s biggest teams and leagues, and investors driving advancements in sports, media and entertainment.

  1. 20 JUN

    Twelve Labs: Bringing human-like understanding to video

    In this episode, Yanni and Charlie chat with Maninder Saini, head of growth at Twelve Labs, a company that uses multimodal AI to bring human-like understanding to video content. We had Twelve Labs on stage at the Sports Loft Summit, so in this conversation we dig deeper into the applications of this technology in the sports and media entertainment industry, particularly in helping rights holders organise and find content in their video libraries. Up front, Maninder explains what multimodal AI is and why it's the perfect tool for understanding the content and context in video. We also cover the evolution of Twelve Labs, its recent $50M Series A funding and the challenges and opportunities in the market. We think Twelve Labs is an exciting proposition for sports and entertainment organisations with large (or even unwieldy) content libraries because there are so many potential use cases. A broadcaster might use it to tag and organise incoming match footage to share with relevant commercial partners. A team might use it to help its video editors quickly assemble highlight reels and social content. A brand might use it to scour historical footage for advertising material – showing how they’ve been the key differentiator at crucial moments through the decades. And that's just scratching the surface. “My view is that it can make a video editor into a bionic editor,” says Maninder. “They can do so much more with Twelve Labs. Most of the teams, at the club and league level, are often quite lean and very scarcely resourced. So this technology will enable them to do all of the things on their backlog and their to-do list that they never really get around to because they're just overburdened with the volume of day-to-day tasks.”   Timestamps: 06:30 – Intro to Twelve Labs   12:00 – Using AI to organise and search video libraries   16:15 – What is multimodal AI?   23:30 – Explaining foundation models       28:00 – Applications in various industries   33:30 – Twelve Labs as an API business   46:00 – AI: efficiency versus automation   48:00 – The future of Twelve Labs and dream clients

    48 min
  2. 5 JUN

    Scrum Ventures: Innovate, collaborate, accelerate

    This week’s guest on the Sports Loft Podcast is Michael Proman, managing director of Scrum Ventures – a seed stage investment platform that counts large Japanese corporations among its investor base, and uses that network to grow its investments and help them break into Asia. Founded by Japanese serial entrepreneur Tak Miyata in 2013, Scrum began life as a generalist VC firm, “investing in pretty much anything under the sun,” says Michael. That all changed in the lead-up to the Tokyo 2020 Olympics, when Scrum’s investors – including the likes of Panasonic, Fujitsu and Mizuno – became interested in the opportunities around in sports, media and entertainment. Now, the remit is to find companies that “transcend the vertical” – those that relate to sports, health or entertainment, but might have a total addressable market (TAM) beyond those definitions. “If I look at the first dozen investments we've made,” says Michael. “A lot are either outside of sports, change the definition of sports and entertainment, or show the evolution of what sports and entertainment means in a 2024 perspective.” Timestamps: 01:23 – Introducing Scrum Ventures 08:00 – The importance of relationships in the Japanese market 20:00 – The attraction of tech that transcends the sports vertical 25:00 – Valuing companies and finding growth opportunities 30:00 – The importance of partnerships  36:00 – Scrum's approach to supporting its investments 41:00 – Investing in IP and other growth areas

    46 min
3.9
out of 5
7 Ratings

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On the Sports Loft Podcast, we talk to the innovators shaping the future of the sports industry. Our guests include tech pioneers building groundbreaking companies, leading executives from the world’s biggest teams and leagues, and investors driving advancements in sports, media and entertainment.

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