Tech Company Financing Transactions
Midnite Funding Round
On 2/10/2022, Midnite landed $16 million in Series A funding from The Raine Group and private investors.
Transaction Overview
Company Name
Announced On
2/10/2022
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
The Raine Group (Lead Investor) (John Salter)
Proceeds Purpose
Midnite will use the funds to build out its online products, which let users wager on their own performance in video games and bet on esports leagues.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
The Ministry 79-81 Borough Rd.
London, SE1 1DN
UK
London, SE1 1DN
UK
Phone
Undisclosed
Website
Email Address
Overview
We started Midnite to reimagine the technology and experiences that bring the new generation of fans closer to the games they love. We are a collective of engineers, quants, designers, and marketers who all share a passion for esports, sports, and gaming. We exist to bring fans together and enhance their interactions with their favourite games through the rush of winning money.
Management Team
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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