Midnite raises $16M for Gen Z-focused esports betting apps

Midnite has raised $16 million to create a licensed esports betting platform in markets that allow it. The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, led the round. As part of the round, existing investors increased their investment in London-based Midnite. The Raine Group's cofounder and partner John Salter […]