Redacted Group, a web3 data and entertainment startup, has announced the launch of an early-stage crypto fund aimed at accelerating growth for web3 startups and gaming companies. The fund, which debuted during the Redacted Airways event, is designed to support a range of startups within the Redacted ecosystem, particularly those focusing on decentralized applications (dApps) across entertainment, decentralized finance (DeFi), and infrastructure.

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About The Fund

The fund is backed by prominent investors including Saison Capital, Expert Dojo, and Frekaz Group, and has already invested in seven startups, each chosen to complement Redacted’s growing portfolio of web3 games. These initial investments reflect a commitment to providing both funding and essential support for tokenomics and go-to-market strategies.

Redacted CEO Shanjan Kumar explained that the fund was inspired by Redacted's recent event with Qatar Airways. The flight brought together over 300 of the web3 space’s top venture capitalists, angel investors, and influencers, including key figures from Animoca Brands, Polygon, and Abu Dhabi Blockchain. Following a competitive pitch session, seven companies were selected based on feedback from judges and industry stakeholders.

The first seven startups to receive funding through the Redacted Fund include Biptap, LegendaryWeb3, Hub.xz, Numa social, Spaace.io, Ammalgam, and iAgentProtocol. These companies now gain access to Redacted’s resources for scaling and refining their products, leveraging both capital and Redacted’s upcoming RDAC token as part of their development. According to Jonathan Low, CEO and founder of Biptap, the strategic support and network offered by Redacted have already been instrumental in the platform’s recent growth.

Redacted Flight

Tokenomics and Market Support

As part of its investment model, the Redacted Fund will allocate a portion of its RDAC token to its portfolio companies. This token allocation not only aids startups in financing growth but also serves as a means for validating product-market fit, offering companies the opportunity to further iterate and refine their products. In addition to financial backing, the Redacted Fund provides extensive advisory support, leveraging expertise from a team that includes both web2 and web3 veterans.

These advisors, including Kevin Henrikson, Saison Capital partner Qin En Looi, Expert Dojo cofounder Brian Mac Mahon, and Frekaz Group cofounder Frederic Bonelli, offer tailored guidance on market entry and growth. Looi emphasized that Redacted’s demonstrated capability in product distribution and go-to-market strategy offers a significant advantage to startups aiming to distinguish themselves in the competitive web3 landscape.

Redacted x Animoca Brands

Focus on Seed-Stage Startups

The Redacted Fund is particularly focused on web3 startups that have developed products and are seeking seed-stage funding and strategic advisory. In addition to early-stage capital, the fund provides companies with the insights and connections needed to navigate the complexities of the web3 market. Investment opportunities may reach up to $250,000 per company.

The fund has positioned itself as a strategic resource for web3 founders looking to make a significant impact in decentralized technology, with Redacted aiming to foster innovation across the industry. Backed by a global web3 team from PG Group, Redacted has secured over $10 million in funding from notable investors including Animoca Brands, Spartan Group, Saison Capital, Polygon Ventures, and other key players.

By offering a combination of financial support, strategic guidance, and a robust network, Redacted’s new fund is poised to support the next wave of web3 innovation across entertainment, finance, and infrastructure.

Source: GamesBeat