Foresight News reported that Web3 game development studio Autoverse Studios has completed an $8 million financing round, led by White Star Capital, with participation from Sfermion, RockawayX, Oular, Sidedoor Ventures, MCE Group, Saison Capital, and LiquidX. Notable figures from the automotive industry such as Horacio Pagani, Miller Motorcars, former CEO of Glu Mobile (acquired by EA) Niccolo De Masi, and gaming industry veterans Niccolo De Masi and Alex Thabet, founder and former CEO of Ludia Games (acquired by Jam City), have also invested. Autoverse Studios will develop its social racing Web3 game, Auto Legends.