Star Trek Fleet Command

Yida Gao and Shima Capital Invest in Web3 Gaming Startup Midnight

Retrieved on: 
Friday, December 2, 2022

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.

Key Points: 
  • 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.
  • 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.
  • Midnight is the latest investment by Shima Capital in the Web3 gaming sector.