AI-focused Web3 entertainment and infrastructure company Astra Nova has raised $48.3 million to expand its suite of tokenized content tools and creator platforms.
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, according to a statement shared with CoinDesk.
The company develops tools that allow creators to launch blockchain-based entertainment experiences without the need for technical skills.
TokenPlay AI, its flagship product, acts as a code-free launching pad for mini-apps. Powered by Alibaba Cloud, it enables token-based communities to create interactive tools within minutes, the company said.
Other live products include NovaToon, a Web3 webtoon platform that allows fans to create stories alongside NFTs, and Deviants: Fight Club, a Telegram-based PvP game that integrates Astra Nova’s RVV token for in-game rewards. BlackPass, the company’s onchain engagement and loyalty program, has drawn over 250,000 users to date.
The company says it plans to expand into new markets in the Middle East, Europe and Asia as it prepares for regulatory compliance. Strategic partners include NEOM, NVIDIA Inception and Alibaba Cloud.
