Fundz

Novastro raised $1.2 million in a seed round led by Woodstock to develop tokenization and trading solutions for Real World Assets.

PRIVATEJan 09, 2025

Amount Raised

$1.2 Million

Round Type

Seed

SingaporeBlockchainCryptocurrency

Investors

Sam TapaliyaX21Faculty GroupDouble Peak GroupCogitentWoodstock

Description

Novastro has successfully secured $1.2 million in seed funding to enhance its Layer2 RWA chain focused on tokenization and trading of Real World Assets. The funding will support its integration with Movement Labs’ accelerator program, allowing it to expand its innovative blockchain solutions.

Quick answer

Novastro raised $1.2 Million in a Seed round, dated January 9, 2025. Investors: Sam Tapaliya, X21, Faculty Group, Double Peak Group, Cogitent and Woodstock. Novastro is based in Singapore, Southeast Asia, Singapore.

How much did Novastro raise?
Novastro raised $1.2 Million in a Seed round on January 9, 2025.
Who invested in Novastro?
Sam Tapaliya, X21, Faculty Group, Double Peak Group, Cogitent and Woodstock are named as investors in this round.
What does Novastro do?
Novastro is a Layer 2 chain for Real World Assets (RWAs) powered by AI, integrating MoveVM and EigenLayer AVS to provide Ethereum-level security and scalability.
Where is Novastro based and how big is it?
Novastro is based in Singapore, Southeast Asia, Singapore.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Novastro that raised within 45 days of this round, from Fundz verified event records.

  • Fluent Labs raised $8M (Seed) on February 19, 2025.
  • Maestro raised $3M (Seed) on February 18, 2025.
  • Blum raised $5M (Seed) on February 17, 2025.
  • HashKey Holdings Limited raised $30M (Series A) on February 15, 2025.
  • Surus raised $8M (Seed) on February 14, 2025.
  • DwellFi raised $300K (Seed) on February 11, 2025.

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Company Information

Company

Novastro

Location

Singapore, Southeast Asia, Singapore

About

Novastro is a Layer 2 chain for Real World Assets (RWAs) powered by AI, integrating MoveVM and EigenLayer AVS to provide Ethereum-level security and scalability. The platform focuses on unlocking tokenized yield opportunities across RWAs and DeFi protocols. It also offers regulatory compliant Turnkey Tokenization Services for projects looking to tokenize a variety of RWAs. With its innovative framework centered around the $RUSD stablecoin, Novastro aims to revolutionize access to yield in the blockchain ecosystem.

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Novastro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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