Astra Nova has raised 48.3 million to accelerate its vision for AI-powered Web3 entertainment. The company is known for building tools that merge artificial intelligence and blockchain. The funding includes 41.6 million from a recent strategic round.
Investors include Outlier Ventures, Middle Eastern institutional players, and strategic backers from projects like Shiba Inu. The capital will support Astra Novas goal of making Web3 entertainment creation accessible through no-code tools and decentralized platforms.
Co-founder Faizy Ahmed said the funds will strengthen Astra Novas mission to simplify content creation. TokenPlay.ai is more than just a platform, he said. Its the AI backbone for a new wave of creator-driven entertainment economies.