Fobi AI Chosen To Participate in the 2024 Comcast NBCUniversal SportsTech Accelerator Program
By:
Fobi AI Inc. via
GlobeNewswire
February 22, 2024 at 08:15 AM EST
Fobi selected among nine other companies from over 1,500 applicants across 52 countries for this year's sports tech accelerator program. VANCOUVER, BC, Feb. 22, 2024 (GLOBE NEWSWIRE) -- February 22, 2024, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that Fobi has been selected among nine other companies from over 1,500 applicants across 52 countries for this year’s sports tech accelerator program. Rob Anson, CEO of Fobi AI, proudly declares: "Being chosen out of 1500 applicants is not just an honor; it's an extraordinary opportunity for us to not only enhance our visibility but also establish direct connections within the partner network." Below is the press release from Comcast NBCUniversal SportsTech: Ten Companies Secure Spot in 2024 Class of the Comcast NBCUniversal SportsTech Accelerator The six-month program provides founders with opportunities to collaborate with leaders from some of the world’s most recognized sports brands, including NBC Sports, NASCAR, the Premier League, PGA TOUR, Sky Sports, Comcast Spectacor, and US Olympic sports organizations. Since the first class in 2021, SportsTech alumni have achieved 132 pilots, partnerships, and commercial deals with consortium partners PHILADELPHIA, February 22, 2024 —Today, 10 companies were accepted into the fourth class of the Comcast NBCUniversal SportsTech Accelerator, powered by Boomtown. The immersive six-month program will kick off in March. The exciting opportunities and impactful outcomes of the SportsTech program have continued to fuel interest and demand with more than 1,500 applicants for this year’s class, from across 52 countries. The 10 companies selected will have a chance to engage with some of the top sports and tech brands from around the world, including the Premier League, who just joined the SportsTech partner consortium last summer, along with NBC Sports, NBC Sports Next, Sky Sports, Comcast Spectacor, Golf, NASCAR, and PGA TOUR; and three US Olympic sports organizations: U.S. Ski & Snowboard, USA Swimming, and USA Cycling. Since the first class in 2021, SportsTech alumni have achieved 132 pilots, partnerships, and commercial deals with consortium partners. This unique access to decision-makers at leading sports brands and organizations and across Comcast will provide valuable insights on enhancing their products and services and prepare for accelerated commercial success through strategic collaborations with program partners and within the broader sports industry. “When it comes to constructing and curating our SportsTech portfolio, every facet of our decision-making process aims to unlock startups that can become ‘scale-ups’ ready to impact the world of sports,” said Jenna Kurath, Vice President, Startup Partnerships and Head of Comcast NBCUniversal SportsTech. “The SportsTech program focuses not only on tackling complex business challenges for a vast cross-section of some of the world’s most recognized sports brands, but it additionally prepares founders to build sustainable businesses.” Entrepreneurs will work one-on-one with SportsTech advisors and participate in customized programming focused on refining go-to-market strategy, commercial business alignment, and adaptive business modeling, with an emphasis on direct business outcomes for enterprise-ready scale. The 2024 program will begin on March 4 in Florida with a roadshow of partner events and immersion experiences designed to deepen customer discovery—taking founders behind-the-scenes at Universal Studios Florida and NASCAR’s Daytona International Speedway and showcasing how PGA TOUR and NBC Sports’ Golf produce professional sporting events, like the Arnold Palmer Invitational—allowing founders to identify how to align their technology solutions to the business and operational needs of partners. Mentors will include industry leaders from Comcast NBCUniversal as well as strategic advisors from the Boomtown network and the partner consortium, including: Will McIntosh, President, NBC Sports NEXT and Fandango; Lora Dennis, Executive Vice President, NBCUniversal Local; Jim Denney, Chief Product Officer, Peacock; Alexandra Willis, Director of Digital Media and Audience Development, the Premier League; Wyatt Hicks, NASCAR Digital Vice President; and Scott Gutterman, Senior Vice President, Digital Operations, PGA TOUR, among others. The capstone of the program will take place at Rally Innovation in Indianapolis on August 27-28, 2024, where this year’s founders will showcase their tech innovations, putting a spotlight on their scale-up traction during the program to garner new business opportunities across the broader sports industry. For those interested in applying to join the next Comcast NBCUniversal SportsTech Class of 2025 and to learn more about the program’s eight focus areas: media and entertainment, fan/player engagement, athlete/player performance, team and coach success, venue and event innovation, fantasy sports and betting, esports, and the business of sports, visit www.comcastsportstech.com/2025. Comcast NBCUniversal SportsTech Class of 2024 includes: Aquimo Inc – Mesa, AZ, USA Dizplai – Manchester, United Kingdom Fobi AI – Vancouver, Canada KYMIRA – Reading, United Kingdom Mantis-AI – Sao Paulo, Brazil Mobii Systems – Ontario, Canada StellarAlgo – Calgary, Canada Plantiga – Vancouver, Canada ZATAP – Winterthur, Switzerland Zoomph, Inc. – Reston, VA, USA About Comcast Corporation About Comcast NBCUniversal SportsTech About Boomtown This press release is available on the Fobi website. To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page. About Fobi AI Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada's hospitality & tourism industry. For more information, please contact:
This news release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi's business and technology; the ability of Fobi to engage with industry participants to achieve its goals; the development of Fobi's technology; and the viability of Fobi's business model. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fobi's control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated, or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity, or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Fobi does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Fobi should be considered highly speculative. There can be no assurance that Fobi will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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