Fund-returning exit leaves Moneta with a considerable equity position in global technology and sports content company Minute Media

Moneta Ventures today announced the acquisition of VideoVerse, an AI-powered video solutions provider, by Minute Media, a global leader in technology and sports content. As the largest equity holder in VideoVerse, Moneta notes that the transaction represents a major milestone for both companies, strengthening their ability to meet the evolving needs of the rapidly expanding sports content ecosystem.

Founded in 2016, VideoVerse’s AI-driven SaaS technology platform Magnifi allows content owners and rights holders to automatically detect key moments, create highlights in real time, and distribute compelling short-form video content. The platform uses computer vision, natural language processing, and machine learning to interpret visual and audio signals, identify key moments, and create better video content for audiences. Magnifi also incorporates generative AI tools such as multilingual subtitles, automated thumbnail and metadata creation, and a flexible rules-based engine that streamlines complete end-to-end workflows, providing content teams with a comprehensive editorial solution.

“We are delighted to have acquired VideoVerse and are excited about the synergies it brings to our combined business,” says Asaf Peled, the Founder and CEO of Minute Media. “The acquisition allows us to incorporate AI creation capabilities into our platform, while giving VideoVerse the distribution and monetization solutions it needs to better serve customers around the world. We also look forward to working with Moneta Ventures, VideoVerse’s largest shareholder and a trusted partner, who will be rolling over part of their equity into Minute Media.”

An early-stage venture capital fund that invests in enterprise software companies, Moneta Ventures led VideoVerse’s $5 million Seed round in 2021, becoming VideoVerse’s first US investor. Moneta subsequently helped incorporate VideoVerse into the United States market, where its rapid growth continued.

“The Moneta team has been one of our greatest supporters over the years,” says VideoVerse CEO Vinayak Shrivastav. “There have been so many ups and downs along the way and they have always been a constant, supportive, and reassuring presence. We couldn’t have gotten to this point without their partnership.”

“Vinayak and his team have done a phenomenal job of growing VideoVerse into the great success that it is today,” says Lokesh Sikaria, Moneta’s Founder and Managing Partner. “This is not only a very significant sportstech transaction, but also a fund returning exit for Moneta that further validates our investment thesis while rewarding our LPs. We couldn’t be happier with the outcome.”

Moneta Ventures invests in Seed and Series A enterprise software companies. Their investment thesis centers on Software++, a set of criteria that involves investing in software companies with multi-layered monetization strategies and a transformational technology play.

The post VideoVerse Acquired by Minute Media in Major Sportstech Deal first appeared on AI-Tech Park.

Origianl Creator: Business Wire
Original Link: https://ai-techpark.com/videoverse-acquired-by-minute-media-in-major-sportstech-deal/
Originally Posted: Wed, 10 Sep 2025 09:00:00 +0000