Midnite secures £26.1m in Series C funding led by The Raine Group to support product development and international growth
The financing round was led by The Raine Group with backing from existing investors including Play Ventures and Makers Fund.
Makers Fund invests in the interactive entertainment industry, bringing new companies and ideas into the sector.
Portfolio
3
companies
AudioMob
AudioMob develops non-intrusive in-game audio advertising technology for mobile games.
Midnite
Midnite operates an in-house technology platform for sports betting and online casino gaming.
Netspeak Games
Netspeak Games develops remote-first multiplayer titles designed to foster community and creativity.

Archie Stonehill
Archie serves as chief growth officer and co-founder at Stash, following roles as head of product and investor experience at Makers Fund. He also holds board experience across multiple gaming and tech companies.
LinkedInThe financing round was led by The Raine Group with backing from existing investors including Play Ventures and Makers Fund.
The London-based studio secured backing from Lakestar and Project A to expand its team and scale the launch of Sunshine Days.
"I’m thrilled on behalf of my whole team that I get to share this funding news today. At Netspeak, we strive to get past our industry’s obsession with the latest trend or newest technology and make games that truly express the potential of our medium – by building worlds our players will want to spend time in by giving them tools to express and explore their identities and by creating experiences that they can share with friends, old and new."
The Series A round was led by Makers Fund and Lightspeed Venture Partners to support team expansion and technology development.
"We’re thrilled to see investors’ excitement for AudioMob’s vision for long term success and our future. We’re on the precipice of innovating a whole industry with audio and now we’re able to build out our tech and team to ensure we’re disrupting the industry in the right way and ensure we eventually become a future tech industry unicorn."
The London-based esports betting platform raised the funds to support its platform development and growing user waitlist.
"We have been in an Alpha for half a year now and are already seeing significant turnover. We are building everything in-house and are keen to offer the best experience for esports fans in the market. Customers have been loving the platform and we in turn are fine-tuning the product specifically for them. Every day, our waitlist for access keeps growing and we are extremely pleased with the way the product been received so far."