Midnite Secures $2.5M in Funding

Midnite, a UK-based esports betting startup, has secured over $2.5 million in funding, bringing their total raised to $4.5 million. The round was led by Makers Fund, with participation from Venrex Investment Management and undisclosed individuals from leading gaming companies. Midnite offers a platform for esports fans to bet on their favorite teams, stream matches, and enhance their match day experience. The company holds a betting license and plans to expand globally. The article also mentions other recent deals in the esports industry, including 99math, eGoGames, ProGuides, Callisto Gaming, Game.tv, and eFuse.

Esports Betting Startup Midnite Secures $2.5 Million in Funding

Midnite is a London, UK-based esports betting startup founded in 2016 by Nick Wright and Daniel Qu. It provides a betting platform focused on esports fans, allowing them to bet on their favorite teams, stream matches directly from the system, and enhance their match day experience. Currently live in private alpha, the platform supports bets on games like Rainbow Six, League of Legends, Dota 2, Counter-Strike, Call of Duty, and more. The company holds a betting license from the UK Gambling Commission and plans to expand operations globally in legal jurisdictions. They aim to create a technologically advanced, intuitive, and immersive platform for all levels of esports fans.

An esports betting startup providing a platform for fans to bet on their favorite teams, stream matches, and enhance their match day experience.

5 years ago

Esports Betting Startup Midnite Secures $2.5 Million in Funding

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