Daniel Qu

Daniel Qu is the co-founder of Midnite, the London-based sportsbook and casino operator he established in 2018 alongside Nick Wright. Of Chinese heritage, Qu attended Yale University, where he developed the product and commercial instincts that would later shape his approach to building consumer technology companies. His early career included a Research Associate role at the Yale School of Management’s JP Morgan Executive Education Program, as well as co-founding GAKKO, a learning platform, in 2011.

Qu’s path to Midnite ran through Dribble, a daily fantasy sports platform he built with Wright in partnership with Sky Bet from 2015. The Dribble experience gave both founders a deep grounding in the commercial dynamics, regulatory complexity, and product requirements of real-money gaming in the UK market. It also sharpened their conviction that the next generation of betting products could only be meaningfully differentiated by companies willing to own and control their entire technology stack — rather than licensing white-label software and competing primarily on marketing spend.

That conviction formed the founding premise of Midnite. Built entirely on proprietary technology from day one, the platform launched in 2018 with a focus on esports betting before expanding into a broader sportsbook and casino offering. Qu and Wright’s shared background in designing engaging consumer-facing gaming products informed Midnite’s product philosophy: that real-money wagering and the design language of modern gaming are converging, and that the operators best positioned to capture the next generation of customers are those who build for that convergence rather than adapting legacy products to meet it.

Midnite raised £26 million in Series C funding in January 2026, led by Raine Partners IV, with existing investors Play Ventures, Discerning Capital, Makers Fund, and Big Bets also participating. The round brought total equity raised to more than £55 million. The company grew its team to 150 employees in 2025 and is pursuing tier-one operator status through continued product investment and international expansion.