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.

The Raine Group is a leading global investment and strategic advisory firm specialized in gaming, sports, technology, music and entertainment.
Portfolio
3
companies
Midnite
Midnite operates an in-house technology platform for sports betting and online casino gaming.

Definely
AI-powered legal tech platform for contract review and editing.
Moonbug Entertainment
Moonbug Entertainment creates and distributes educational children's content for global audiences.
The financing round was led by The Raine Group with backing from existing investors including Play Ventures and Makers Fund.
The legal technology company raised £22.1m from investors including Revaia, Alumni Ventures, and Clio to accelerate international expansion and product development.
"This latest investment round is a testament to the hard work of an incredible team and the trust our customers have placed in us."
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."
"It is a tremendous accomplishment to acquire two of the world’s most loved children’s shows. We are excited to support their continued growth and expand the brands into global entertainment franchises,"