Midnight Raises $7.5M in Seed Funding

Midnight

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.

Led by CEO Steve Wade and CTO Steven Spagnolo, Midnight is a gaming company. Its games already in development include Legion, a 4X MMO; Next Protectors, a 2D pixel brawler; and At Your Service, a couch co-op. 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. Rounding out the core team are art director Darren Pattenden, who has held art leadership roles at EA, Trion Worlds, Manticore and 2K Games; and acting CMO Anthony Gabriele, recently head of marketing and GM at SoundCloud and director of subscription marketing for Apple’s media and entertainment businesses.

The company, founded in late 2021, now has more than 60 people working on 4 titles and is scaling rapidly.

FinSMEs

30/11/2022