Austin-based studio Portalarium has raised $7 million in Series A funding, company officals announced.
London tech investor m8 Capital led the round, and was joined by San Francisco firm FF Angel and BHV Venture Capital of New York.
Richard Garriott, who co-founded the company, also contributed, according to Statesman.com.
Portalarium will use the funds to finish its game Ultimate Collector, as well as Garriott’s own RPG which is currently in development.
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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)
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
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