Midnite Raises $10M Series B Funding
Summary
Midnite, a London, UK-based provider of a sportsbook and casino platform, raided $10M in Series B funding. The round was led by Discerning Capital, the Raine Group, and Play Ventures, with additional investment from Venrex and Big Bets. Launched in 2018 by Nick Wright and Daniel Qu, Midnite is a provider of a sportsbook and casino platform that leverages a customer-centric approach, delivering a player experience while maintaining safety standards. The company added horse racing and casino to the product mix in 2023 and the team has grown to 110 over the past 12 months. Midnite is licensed and regulated by the Great Britain Gambling Commission and the Irish Revenue Commissioner.
Funding
Amount
$10.0M
Total raised
Date
April 14, 2025
Announcement date
Investors
-
Lead investors
Company
http://www.midnite.com
Funded company
Classifications
industries
Entertainment
applications
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AskAI Classifications
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