Griiip

growth-positive

Griiip has launched GriiipLive, a platform designed to transform the way fans interact with motorsports and esports. The platform provides real-time data insights directly to fans devices, allowing them to follow their favorite drivers, riders, teams, and esports competitors with precision. GriiipLive also integrates real-world motorsport technology with the virtual ecosystem of esports, offering top-tier racing insights and engagement to fans of both domains. The company claims that GriiipLive delivers a second screen experience that is second to none.

growth-positive

Petah Tikva-based Griiip, a data-driven platform focusing on motorsports, won the Best Startup Tech Company at the 2022 SportsPro OTT Awards. The company transitioned from car manufacturing to focus on data analysis during COVID-19. Their technology, which utilizes multiple cameras, can be used to service the entire industry, expand fan bases, and provide valuable data to companies like sports betting providers. Griiip closed a $4.9 million fundraising round last year and is currently raising an extension to that round. Porsche is one of their investors. Griiip also counts Formula E among their customers.

growth-positive

Porsche Ventures, the venture capital division of Porsche, has made a minority investment in Griiip, an Israel-based start-up that has developed a cloud-based data platform for motorsport. Griiips platform enables the transmission, analysis, and visualization of motorsport data, providing a new dimension of user engagement and viewing experience for drivers, teams, and fans. The investment by Porsche Ventures aims to enhance fan engagement and audience capturing, while also benefiting from potential financial returns. Griiip has already signed cooperation contracts with several racing series.

growth-positive

LiveU and Griiip have announced an extended partnership to create a cost-effective, end-to-end video and data platform for racing series content. The partnership combines LiveUs remote live broadcast capabilities with Griiips data content solutions for engaging motorsport programming. The two companies have been cooperating for the past two years and have successfully implemented the solution in this years G1 Series across Europe. LiveU provides a way to deliver HD live video without complex infrastructure, while Griiip develops data-based content solutions for motorsport series. The joint products offer a Plug & Play solution for collecting, editing, and distributing live videos with data-centric content. The partnership is expected to become the motorsport industry standard.

growth-positive

Griiip, an Israeli company, aims to reinvent the coverage of motorsport with its G1 Series. The series includes drivers competing in virtual simulator races, low budget data-driven live streaming production, and free online access to all footage collected from each race. Griiips goal is to enhance engagement and intimacy in motorsport coverage, providing viewers with the story and emotion of the sport. The G1 Series, which begins in April, will feature 14 drivers competing in seven races in Italy. Griiip also plans to introduce machine learning to interpret race data and create fresh editorial content. The company has partnered with LiveU for remote production and broadcasting.