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On Tuesday morning, a day after the Philadelphia 76ers announced that they were buying two esports teams, Golden State Warriors co-owner Peter Guber and Washington Wizards and Capitals owner Ted Leonsis announced they were forming aXiomatic and would be the new owners of esports franchise Team Liquid, which employs more than 50 players on teams in 10 esports disciplines.
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![ent [Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’](https://mcvuk.com/wp-content/uploads/ent-310x165.png)
[Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’
Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era. Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser