London-based sportsbook and casino operator Midnite has clinched a $10m (£7.7m) Series B funding round, drawing heavyweight backing from Discerning Capital, The Raine Group, and Play Ventures
In addition, Venrex and Big Bets where also named as investors in the round.
This latest injection brings Midnite’s total funding to over $35m, fuelling ambitions to go beyond being just being another name in the crowded UK market.
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What sets Midnite apart isn’t just the size of its war chest.