Fundz

Midnite secured $10 million in Series B funding. The round was aimed at expanding operations and enhancing technology.

Apr 14, 2025

Amount Raised

$10 Million

Round Type

Series B

LondonMedia And EntertainmentGamingSports

Description

Midnite has raised $10 million in a Series B funding round aimed at bolstering its operations. The funds will be used to enhance technology and support growth initiatives. This funding round marks a significant milestone for the company as it continues to expand its presence in the market. The investment will allow Midnite to innovate and improve its product offerings.

Quick answer

Midnite raised $10 Million in a Series B round, dated April 14, 2025. Midnite is based in London, England, United Kingdom.

How much did Midnite raise?
Midnite raised $10 Million in a Series B round on April 14, 2025.
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.

  • House of Doge raised $2.2M (Seed) on April 30, 2025.
  • Motorsport Games raised $2.5M (Seed) on April 11, 2025.
  • House of Doge raised $175K (Pre-Seed) on March 31, 2025.
  • Auto Legends raised $1M (Seed) on March 6, 2025.
  • Beemi raised an undisclosed amount (Seed) on May 29, 2025.
  • KhiladiPro raised $1M (Pre-Seed) on May 29, 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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Company Information

Company

Midnite

Location

London, England, United Kingdom

About

Midnite is shaking up the traditional gambling landscape in the UK as a true challenger brand with international ambitions. The company distinguishes itself by developing its entire sportsbook and casino platform in-house to bring fans closer to the games they love. This proprietary technology empowers Midnite to prioritise a truly customer-centric approach, delivering a superior player experience while maintaining the highest safety standards. Backed by leading investors including the Raine Group, Discerning Capital, Venrex, Makers Fund, and Play Ventures, Midnite has raised over $75 million in funding to date. Midnite is licensed and regulated by the Great Britain Gambling Commission and the Irish Revenue Commissioner.

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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.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Midnite raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.