On February 18, 2026, Novig, a peer-to-peer sports trading platform and prediction market, announced the close of a $75 million Series B round led by Pantera Capital, with participation from Multicoin Capital, Makers Fund, Edge Equity, and existing investors Forerunner, Perceptive Ventures, and NFX. The round brings Novig's total capital raised to more than $105 million. Wilson Sonsini Goodrich & Rosati advised Pantera Capital on the transaction.

Novig is building a trader-first sports prediction market that eliminates the traditional sportsbook middleman through a commission-free, peer-to-peer exchange model. The financing will accelerate the company's product development, expand market liquidity, and support its next phase of growth.

The Wilson Sonsini team that advised Pantera Capital on the financing includes Jonathan Chan, Kyle Canchola, and Madeleine Vella, with assistance from Daniel Chen, Tanvi Dabir, Vikki Nguyen, and Nicole Boucher.

For more information, please see Novig’s news release. Additional coverage can be found on Fortune.