Midnite, a London-based sportsbook and casino operator, has secured a $10 million Series B funding round. This brings their total funding to over $35 million. The latest round was backed by investors including Discerning Capital, The Raine Group, and Play Ventures. Founded in 2018, Midnite’s unique approach involves developing its own technology platform, setting it apart in an industry often reliant on white-label solutions. The company’s growth is evident in its expansion from 60 to 110 employees within a year. Midnite has also secured its first major sports sponsorship as the official UK betting and casino partner for the 2025 World Snooker Championship. Their first TV ad campaign has reached audiences on Sky, Channel 4, and Channel 5. These statistics highlight Midnite’s rapid growth and strategic positioning in the competitive UK market.
Vinay Singhal (stage.in)
@vinaykrsinghal
·
Mar 21 Big news! We’ve raised $12.5M in Series B funding, led by
@GoodwaterCap
&
@BlumeVentures
— including $2.5m worth secondaries for some angel investors!BUT, this isn’t about money. It is a validation that India’s regional cultures deserve to shine. It is about envisioning a
Clay
@clay_gtm
·
Jan 22 Every business has incredible growth ideas waiting to be unlocked. But too often, these ideas stay just that—ideas. Good growth ideas die without the right data and the ability to quickly act on it, lost in the struggle of countless tools, stale data, and fragmented workflows.
Kian Sadeghi
@KianSadeghi5
·
Jan 30 I’m beyond excited to announce our $14 million Series A with participation from
@foundersfund
,
@sevensevensix
,
@neo
,
@balajis
,
@GiantStepVC
, One Eight Capital and many others.We’re going to make preventable diseases a thing of the past.
Truenorth
@Truenor23860723
·
1h Mike Bartlett on the plan for the next quadrennial.
– revenue has grown 51% over past 3 years
( expenses up 52 %) still needs to grow as has an operating budget of $16 million/year compared to France and USA at $ 50 million plus
– Global Jam back this summer
EGR Global
@EGRIntel
·
Apr 14 Midnite nets $10m in Series B funding roundhttps://egr.global/intel/news/midnite-nets-10m-in-series-b-funding-round/…
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