Shima led the round, adding to their growing gaming portfolio
SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ — Shima Capital, led by founder and Managing General Partner Yida Gao, are delighted to announce their investment in Web3 gaming startup Midnight. Shima led the $7.5 million seed round for the company, which just emerged from stealth mode last week.
Midnight is founded by a team of seasoned industry professionals coming from NBCUniversal, Disney Mobile Games, and SoundCloud, with a design and creative team who’ve worked on the likes of Star Trek: Fleet Command, Diablo, and Warcraft. The team, and its connection to IPs, played a major role in what initially attracted Shima Capital to the project.
“Midnight is a project that really stands out from the rest,” said Shima Capital founder Yida Gao. “They’ve chosen to focus on building high quality and accessible games for a diverse…
