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§ Private Profile · 411 N Circle Dr, Colorado Springs, CO 80909, USA
Midnight is a technology company.
Midnight is a privacy-first blockchain network designed to empower applications safeguarding sensitive commercial and personal data. It functions as an essential intent layer within the decentralized economy, protecting user intent and data from third-party exploitation. The network provides foundational infrastructure for a range of decentralized applications, including those in gaming and social hubs.
Founded in 2022, Midnight's origin is closely tied to Charles Hoskinson, founder of Input Output Global. The foundational insight stemmed from a clear need for enhanced data privacy and security within the decentralized web, aiming to build a more secure and equitable digital future for users in the face of widespread data exploitation.
Midnight's technology targets developers and organizations building privacy-preserving applications within the Web3 ecosystem. Its vision, stewarded by the Midnight Foundation, is to make its technology open and accessible, fostering collaboration and creating a more resilient, private digital environment for all participants to build and engage securely.
Midnight has raised $8.0M across 1 funding round.
Midnight has raised $8.0M in total across 1 funding round.
Midnight is a technology company focused on delivering advanced software engineering solutions, particularly in custom web development, software products, and digital transformation services[1]. Another distinct entity named Midnight operates in the blockchain space, specializing in privacy-preserving blockchain infrastructure using zero-knowledge proofs to enable secure, private decentralized applications (DApps)[2]. This blockchain-focused Midnight serves developers and enterprises seeking to balance utility and privacy in blockchain transactions, offering a TypeScript-based smart contract language called Compact to simplify development[2].
The software engineering Midnight (Midnight Tech) does not have detailed public founding information available but is positioned as a provider of tailored software solutions and digital transformation services[1]. The blockchain Midnight emerged to address the privacy challenges in crypto, aiming to restore the original promise of blockchain by enabling rational privacy without sacrificing utility. It was founded by experts in cryptography and blockchain development who recognized the need for developer-friendly privacy tools and scalable blockchain infrastructure[2].
Midnight Tech fits within the growing demand for digital transformation and custom software solutions as businesses increasingly rely on technology to innovate and compete[1]. The blockchain Midnight rides the wave of privacy and security concerns in decentralized finance and Web3, addressing a critical market gap where users and developers require privacy-preserving yet verifiable blockchain interactions[2]. The timing is favorable due to rising regulatory scrutiny on data privacy and the maturation of zero-knowledge proof technologies, positioning Midnight as a key enabler in the privacy-focused blockchain ecosystem[2].
For the software engineering Midnight, continued growth will likely come from expanding digital transformation projects and deepening client partnerships to deliver bespoke software solutions[1]. For the blockchain Midnight, future momentum will depend on adoption of its privacy-preserving blockchain by developers and enterprises, especially as privacy regulations tighten and demand for secure decentralized applications grows[2]. Trends such as Web3 expansion, privacy regulation, and developer tooling innovation will shape its trajectory. Both versions of Midnight demonstrate how specialized technology firms can carve out niches by addressing critical market needs—whether in enterprise software or blockchain privacy.
This dual identity of Midnight highlights the diversity within the tech sector, from traditional software engineering to cutting-edge blockchain privacy innovation.
Midnight has raised $8.0M in total across 1 funding round.
Midnight's investors include Shima Capital, Audacity, Future Africa, Hashed, Hustle Fund, Balaji Srinivasan, Bixin Ventures, FJ Labs, Forte, Overwolf, SNACKCLUB, Woodstock Fund.
Midnight has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2022 | $8M Seed | Shima Capital | Audacity, Future Africa, Hashed, Hustle Fund, Balaji Srinivasan, Bixin Ventures, FJ Labs, Forte, Overwolf, SNACKCLUB, Woodstock Fund | Announced |