Astra Nova

Astra Nova is a Riyadh-headquartered AI/Web3 entertainment startup, co-founded by Muhamed Ashhar and Faizy Ahmed (CEO), with partnerships spanning NEOM, NVIDIA Inception and Alibaba Cloud; it has raised roughly $48.3 million cumulative funding through October 2025 from Outlier Ventures and unnamed MENA family offices/institutional investors, though its LinkedIn also lists a Road Town, British Virgin Islands entity alongside its Riyadh office, likely reflecting offshore structuring tied to its RVV token. That token is a material integrity flag for reviewers: RVV fell roughly 50% (from $0.028 to $0.007) within hours of its October 2025 exchange debut after roughly $10.2 million in tokens were dumped on the market; Astra Nova blamed a compromised third-party market-maker account, but on-chain analyst EmberCN publicly questioned the hack narrative since the funds were converted to USDT and moved to centralized exchanges rather than laundered as a genuine attacker typically would.