Astra Nova, the AI-focused Web3 infrastructure and entertainment company, has raised $48.3 million to grow its suite of tokenized content tools and creation 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 an announcement 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 launch pad for applets. Powered by Alibaba Cloud, it enables token-based communities to launch interactive services within minutes, the company said.
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 token for in-game rewards. BlackPass, the company’s on-chain engagement and loyalty program, 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 as it prepares for regulatory compliance. Strategic partners include NEOM, NVIDIA Inception and Alibaba Cloud.
