Two Canadian investment firms, Deloitte Ventures and Inovia, recently invested in Peripheral Labs, a Toronto-based startup developing immersive sports video technology. Peripheral co-founder and CEO Kelvin Cui sees the C$12.1 million deal as a sign that major players view sports tech as a category-defining sector. Jon Wolkin, managing director at Deloitte Ventures, agreed, noting that the firm has seen “growing momentum toward more immersive sports experiences.” Recent develo

Mundo AI (“Mundo”) is a Vancouver-based company that provides data infrastructure and analytics platforms. The company was founded in 2024 by Jason Liao, Naijide Anwaer, Garreth Lee and Kenneth Wu. In 2025, Mundo participated in Y Combinator, one of the world’s most prestigious startup accelerators to access early-stage funding and other growth opportunities. In 2025, Mundo raised US$4 million in a seed financing round. The following year, it secured an additional US$20 milli

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Peripheral is using advanced technology to covert thousands of images into immersive 3D renderings of sporting events.