Raine Group
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Investment Portfolio


Midnite
16 Jan 2026
Midnite announces £26m Series C led by Raine Partners to scale UK sportsbook and casino platform
Midnite operates a UK-based sportsbook and casino platform built on its own technology stack, focusing on product-led design and in-house engineering to compete with larger operators.


Midnite
14 Apr 2025
Midnite lands £7.7m Series B led by Discerning Capital to grow UK challenger betting platform
Midnite runs a challenger betting platform offering sportsbook and casino products, using proprietary technology and partnerships to grow brand awareness in the UK market.


Perlego
8 Oct 2024
Perlego raises £16m to invest in AI to support academia and democratise university learning
Perlego operates a subscription-based digital library giving students and institutions unlimited access to academic books, alongside AI-powered research tools that help users find credible sources and navigate complex academic material.
Raine Group
More venture news
- 9 Mar 2026

NscaleNscale raises £1.5bn Series C led by Aker ASA and 8090 Industries to deploy AI infrastructure globally
Series CAI - 29 Jan 2026

AutomataAutomata raises £33m Series C led by Dimension to build the operating layer between physical labs and AI models
Series CLife Sciences - 21 Nov 2024

LighthouseKKR leads £300m Series C for Lighthouse to accelerate AI-driven growth in the hospitality tech market
Series CHospitality