Midnight: Raises $7.5M in Seed Funding

Midnight Raises $7.5M in Seed Funding

  • Midnight, a Los Angeles, CA-based gaming company, raised $7.5M in Seed funding
  • The round was led by Shima Capital, Forte, SNACKCLUB, Overwolf, Woodstock Fund, FJ Labs, and Bixin Ventures
  • The company intends to use the funds to accelerate growth, expand operations and its business reach
  • The company is building a slate of free-to-play & premium games for diverse audiences, with a novel web3-based ‘forging’ system that creates interoperability and a strong economy
  • The company, founded in late 2021, now has more than 60 people working on 4 titles and is scaling rapidly
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UK Authorities Tighten Regulations on P2P Crypto Trading

New measures aim to enhance security for crypto traders in the peer-to-peer market.Highlights: UK authorities introduce new regulations...

Citi Wealth Strengthens Services with New AI-Powered Team Member

Citi Wealth Management introduces advanced AI technology for enhanced client experience.Highlights: Citi Wealth Management has launched a new...

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...