Astra Nova, a Web3 and AI-powered entertainment infrastructure company, has secured $48.3 million in funding to expand its code-free creation and tokenized content platform. $41.6 million of this funding came from a recent strategic round of investment, with participation from family offices and institutional investors in Saudi Arabia, the UAE, and Bahrain.

Astra Nova's products include the no-code issuance platform TokenPlay AI, the Web3 comics platform NovaToon, and the Telegram game Deviants: Fight Club. The company plans to expand into the Middle East, Europe, and Asia, with partners including NEOM, NVIDIA Inception, and Alibaba Cloud. (CoinDesk)