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Astra Nova Secures $4.7M to Propel AI-Driven Entertainment and Prepares Token Launch
Astra Nova Secures $4.7M to Propel AI-Driven Entertainment and Prepares Token Launch

Globe and Mail

time5 days ago

  • Business
  • Globe and Mail

Astra Nova Secures $4.7M to Propel AI-Driven Entertainment and Prepares Token Launch

New York, New York--(Newsfile Corp. - August 5, 2025) - Astra Nova, a Saudi-born AI and Web3 entertainment startup, has successfully raised $4.7 million in a funding round backed by a consortium of global institutional investors and Web3-native supporters. Participants in the round include different organizations, alongside several other strategic investors from the MENA region & Web3 landscape. To view an enhanced version of this graphic, please visit: The fresh capital will support the rollout of a no-code, AI powered web3 community arcade. has already garnered over 250,000 creators on its waitlist eager to leverage the platform's capabilities to build engaging, monetizable gaming experiences. Faizy Ahmed, co-founder of Astra Nova, emphasized the strategic importance of stating, " is more than just a platform-it's the AI backbone for a new wave of creator-driven entertainment economies." AI Entertainment Ecosystem Astra Nova's AI Entertainment Ecosystem stands as a unique hub where community interaction, storytelling, and gameplay converge, facilitating next-generation monetizable experiences driven by creators. The comprehensive ecosystem includes diverse multimedia products such as an Action RPG, Deviants: Fight Club, (Telegram-native PVP game), NovaToon (Web3-native webcomics platform), Black Pass (SocialFi and loyalty platform) and the latest addition to the ecosystem is This dynamic ecosystem already hosts five live products that have collectively scaled impressively: 500K+ cumulative users 100K+ downloads on its Unreal Engine 5-powered Action RPG Game playtests available on Epicstore, Aethir and other platforms. 200K+ daily active users spread across its Webcomics Dapp, SocialFi & Loyalty Platform, and Telegram-based PvP game Over 250K creators eagerly waitlisted for Token Generation Event (TGE) Additionally, Astra Nova is gearing up for its upcoming Token Generation Event (TGE), introducing the $RVV token, which will serve as the foundational currency within the ecosystem. The token will enable in-game transactions, in-app upgrades, creator incentives, and various other token sinks. Company Vision Headquartered in Riyadh, Saudi Arabia, Astra Nova is set to become a frontrunner in adaptive storytelling, gamification, and community-centric entertainment, seamlessly blending cutting-edge AI with blockchain ownership.

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