Astra Nova, an AI-focused Web3 entertainment and infrastructure company, has raised $48.3 million to grow its suite of tokenized content tools and creator platform.
According to an announcement shared with CoinDesk, the funding includes $41.6 million from a recent strategic round and builds on previous investments led by Outlier Ventures, as well as family offices and institutional investors in Saudi Arabia, the United Arab Emirates, and Bahrain.
The company develops tools that allow creators to launch blockchain-based entertainment experiences without the need for technical skills.
Its flagship product, TokenPlay AI, acts as a no-code launch pad for mini-apps. The company said that by leveraging Alibaba Cloud, token-based communities can launch interactive utilities within minutes.
Other live products include NovaToon, a Web3 webtoon platform that allows fans to co-create stories with NFTs, and Deviants: Fight Club, a Telegram-based PvP game that integrates Astra Nova’s RVV tokens as in-game rewards. The company’s on-chain engagement and loyalty program, BlackPass, has attracted more than 250,000 users to date.
The company says it plans to expand into new markets in the Middle East, Europe and Asia while preparing for regulatory compliance. Strategic partners include NEOM, NVIDIA Inception, and Alibaba Cloud.
