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Midnight Comes Out Of Stealth With $7.5M In Funding For A New Game Company

Midnight Comes Out Of Stealth With $7.5M In Funding For A New Game Company

11/25/22, 2:02 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Industry
video games
gaming
Investors
Bixin Ventures, Woodstock Fund, Shima Capital
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Company Info

Company
Midnight
Location
los angeles, california, united states
Additional Info
The company, founded in late 2021, now has more than 60 full-time equivalent people working on four titles and is scaling rapidly. The company plans to be both a developer and a publisher. Wade said it’s likely that the company will focus on building its own games and developing its own intellectual properties. But over time, he hopes the company will build IPs that can be connected, like the Marvel Cinematic Universe. The company plans to build a slate offirst and third-party games across platforms and genres for diverse audiences. The company will release more info in the coming months on its games. Wade said the company had a coming out party at Two Bit Circus, an entertainment and VR center in Los Angeles. Midnight has big ambitions, and Wade believes he will raise more money in the future. Midnight said its team is led by some of the gaming industry’s most commercially successful creators. “Midnight is at the forefront of trying novel approaches to integrate NFTs into classic game experiences in ways that enhance the experience, not get in the way of it.

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