Midnite, a London, UK-based esports betting startup, raised over $2.5m in funding.
The round, which brought the total funding raised to date to approximately $4.5m, was led by Makers Fund with participation from Venrex Investment Management, and undisclosed founders and executives from leading gaming companies, such as Betfair and GVC.
Founded in 2016 by Nick Wright and Daniel Qu, Midnite provides a betting platform focused on esports fans, who can bet on their favorite teams, stream matches directly from the system, and level up their match day experience.
To this end, they are building a technologically advanced platform which is intuitive, immersive, and immediately understandable for all levels of esports fans.
The funding round follows recent deals closed in the esports industry globally in the latest months. | To read full story, visit https://startuparound.com/read/1581156008.4789996/Midnite-Secures-$2.5M-in-Funding?ref=audio_experience