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Midnite Completes $35 Million Series C Funding Round Led by The Raine Group. The funding will scale operations, enhance product development, and support international expansion.

Jan 15, 2026

Amount Raised

$35 Million

Round Type

Series C

LondonMedia And EntertainmentGamingSports

Investors

Play VenturesDiscerning CapitalMakers FundBig BetsThe Raine Group

Description

Midnite, a hyper-growth UK sportsbook and casino operator, has raised $35 million in a Series C funding round led by The Raine Group. This round, which included existing investors, brings total funding to over $75 million. Proceeds will be used for scaling operations and product development. Midnite aims to disrupt the global market and enhance its talent pool.

Quick answer

Midnite raised $35 Million in a Series C round, dated January 15, 2026. Investors: Play Ventures, Discerning Capital, Makers Fund, Big Bets and The Raine Group. Midnite is based in London, England, United Kingdom.

How much did Midnite raise?
Midnite raised $35 Million in a Series C round on January 15, 2026.
Who invested in Midnite?
Play Ventures, Discerning Capital, Makers Fund, Big Bets and The Raine Group 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.

  • Motorsport Games raised $3M (Debt Financing) on February 25, 2026.
  • Kings League raised $63M (Funding Round) on February 3, 2026.
  • Mobile Global Esports raised $65K (Convertible Note) on December 2, 2025.
  • Arknovv raised $16M (Pre-Series A) on February 27, 2026.
  • Xenom raised $15M (Seed) on February 27, 2026.
  • Playard raised an undisclosed amount on February 27, 2026.

Who to call at Midnite, and when

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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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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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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.