Midnite Announces Series A Round Led By The Raine Group
02/01/22, 11:00 AM
Location
londonRound Type
series a
Midnite, a licensed esports betting platform, announced today the first closing of its $16mm Series A funding round led by The Raine Group, a leading global merchant bank focused exclusively on technology, media and telecommunications. As part of the round, existing investors increased their investment in Midnite. Notable previous backers of Midnite include Makers Fund and Venrex. The Raine Group's Co-Founder and Partner John Salter will join Midnite's Board of Directors and Managing Director Garrett Gomes will become a Board Observer
Company Info
Location
london, ontario, canada
Additional Info
Midnite is a dedicated esports and sports betting platform where gamers reign. The company, headquartered in London, aims to create the best esports betting site by building a community of engaged esports bettors. Midnite's team is a collective of engineers, quants, designers, and marketers who all share a passion for esports, sports, and gaming. For more information, visit https://www.midnite.com/.