Web3 Game Development Studio Autoverse Studios Closes $8 Million, Led by White Star Capital

Web3 game development studio Autoverse Studios has announced an $8 million closing led by White Star Capital, with Sfermion, RockawayX, Ocular, Sidedoor Ventures, MCE Group, Saison Capital and LiquidX The new funding was led by White Star Capital, with participation from Sfermion, RockawayX, Ocular, Sidedoor Ventures, MCE Group, Saison Capital, and LiquidX, as well as automotive industry luminaries such as Horacio Pagani and Miller Motorcars, and gaming industry veterans such as Niccolo De Masi, the former CEO of Glu Mobile (acquired by EA) and Alex Thabet, founder and former CEO of Ludia Games (acquired by Jam City). Thabet's new funding will be used to develop Auto Legends, its social racing Web3 game, with the goal of building a game that brings Web3 ownership and trading mechanics to traditional players and attracts more Web2 users.