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.
Play Ventures is a premium early stage VC fund investing in global gaming and gaming services startups.
Portfolio
4
companies
Midnite
Midnite operates an in-house technology platform for sports betting and online casino gaming.

Metica
Metica provides artificial intelligence driven engagement and monetisation tools for the gaming sector.
Move AI
Move AI offers a markerless motion capture platform that transforms 2D video into 3D character animation.
Dataseat
Dataseat provides a demand side platform that enables mobile app advertisers to handle programmatic media buying internally.

Henric Suuronen
Founding Partner
Henric is a founding partner at Play Ventures. He also serves as a board member and investor across multiple ventures.
LinkedInKenrick Drijkoningen
General Partner
Harri Manninen
Co-Founder
The financing round was led by The Raine Group with backing from existing investors including Play Ventures and Makers Fund.
The funding round was led by Discerning Capital, the Raine Group, and Play Ventures.
"As investors focused on the global gaming industry, we are incredibly excited to partner with the Midnite team who have built one of the most compelling challenger brands anywhere in the world."

The seed round was led by Play Ventures, 13books, and Firstminute Capital, alongside multiple angel investors.
"We’ve seen a massive opportunity in connecting user acquisition, marketing, and in-game monetization, areas that have long existed in silos. With the emergence of advanced AI technologies, we’re moving the gaming industry to a continuous optimization and personalization mindset, unlocking new potential for growth. Add to this UA growth funding, and we help games supercharge their growth in a long-term sustainable way."

The seed round featured participation from Play Ventures, Warner Music Group, and other backers to accelerate product development and recruitment.
"We’re particularly excited to see Move AI’s impact on reducing development costs and timelines for games companies,"
Play Ventures, Backed and SAATCHiNVEST backed the seed round to support the growth of the mobile advertising platform.
"We believe that democratising ad-buying is a massive opportunity, and that Dataseat is the best team to deliver this game-changer in performance marketing."