Midnite secures $100m financing from House Advantage Fund to fuel UK growth and expand without further equity dilution.
Amount Raised
$100 Million
Round Type
Venture
LondonMedia And EntertainmentGamingSportsInvestors
Description
Midnite has secured a $100m revolving credit facility to support its aggressive growth plans in the UK. This financing, provided by House Advantage Fund, allows the company to tie capital deployment to marketing performance. Midnite aims to preserve cash reserves while focusing on innovation and expansion. The deal marks a new model for financing in the gaming industry.
Quick answer
Midnite raised $100 Million in a funding round, dated October 1, 2025. Investors: PvX Capital, Big Bets, Venrex, Play Ventures, The Raine Group, Discerning Capital and House Advantage Fund. Midnite is based in London, England, United Kingdom.
- How much did Midnite raise?
- Midnite raised $100 Million in a funding round on October 1, 2025.
- Who invested in Midnite?
- PvX Capital, Big Bets, Venrex, Play Ventures, The Raine Group, Discerning Capital and House Advantage Fund are named as investors in this round.
- What does Midnite do?
- Midnite is shaking up the traditional gambling landscape in the UK as a true challenger brand with international ambitions.
- Where is Midnite based and how big is it?
- Midnite is based in London, England, United Kingdom. Fundz records about 226 employees.
- Who are the decision-makers at Midnite?
- Fundz holds 1 contact at Midnite. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Gaming around the same time
Companies in the same sectors as Midnite that raised within 45 days of this round, from Fundz verified event records.
- DraftKings raised $229M on October 21, 2025.
- Rusk Media raised $12M (Series B) on October 9, 2025.
- Splash raised $15M (Series B) on October 8, 2025.
- Five Iron Golf raised an undisclosed amount (Funding Round) on October 5, 2025.
- Mobile Global Esports raised $165K (Pre-Seed) on September 8, 2025.
- Billy Bets raised $1M (Pre-Seed) on September 5, 2025.
Who to call at Midnite, and when
A new round usually means Midnite is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Midnite raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Midnite, from your own LinkedIn network
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Fundz sees it the moment Midnite raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Midnite raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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