Astra Nova, a leading company in digital infrastructure and AI-powered Web3 entertainment tools, has successfully raised $48.3 million in new funding.
The round includes $41.6 million from a recent strategic investment, complemented by prior support from Outlier Ventures and several family offices and institutional investors across Saudi Arabia, UAE, and Bahrain.
With this funding, Astra Nova aims to accelerate product development, expand its teams, and enter new markets across the Middle East, Europe, and Asia, while maintaining full regulatory compliance.
Co-founder Faizy Ahmed commented: “TokenPlay.ai is more than just a platform. It’s the AI backbone for a new wave of creator-driven entertainment economies.”
The company’s ecosystem includes TokenPlay AI, NovaToon, and Deviants: Fight Club, which allow creators to launch blockchain-based digital experiences without technical expertise, currently engaging over 500,000 users.
With partnerships including Alibaba Cloud PAI, Qwen AI, and NVIDIA Inception Program, Astra Nova is positioned for sustainable global growth. Upcoming plans include the launch of the $RVV token to facilitate payments, governance, and staking within its ecosystem.