Redacted Launches Crypto Fund In Partnership With Saison Capital, Expert Dojo And Frekaz Group

The fund has completed its first seven investments to grow the Redacted Ecosystem, supporting founders on go-to market and tokenomics. 

Web3 data and entertainment startup Redacted has launched an early stage venture fund, The Redacted Fund, with seven investments. Announced during ‘Redacted Airways,’ the first web3 event in the air, the fund seeks to invest and support the next generation of decentralised applications across entertainment, decentralised finance and infrastructure, as part of the Redacted Ecosystem’s growing portfolio of products. The fund is launched in partnership with Saison Capital, Expert Dojo and Frekaz Group, and will offer Redacted’s upcoming token – RDAC, as a catalyst for growth.

The seven startups that received investment are Biptap, LegendaryWeb3, Hub.xyz, NUMA social, flip.meme, ammalgam and iAgentProtocol. 

“The Redacted Fund was born out of our viral event with Qatar Airways in September, hosting 300 of web3’s top venture capital funds, angel investors and influencers such as Aethir founder Mark Rydon, NFT whale Grail, and personalities like Mario Nawfal, the Crypto Banter team, and Andres Meneses. At the main event on the flight, we invited more than a dozen founders to pitch. These seven companies were shortlisted as a result of highly positive feedback, including participating judges from Animoca Brands, Polygon, and Abu Dhabi Blockchain. After further due diligence, we decided to invest in these startups,” says Shanjan Kumar, CEO and co-founder of Redacted. 

“Biptap is excited to be a part of the Redacted Ecosystem. Biptap has made leaps and bounds on the growth of our platform and in our strategic partnerships, and we are thankful to have already received support and investment from Redacted given their incredible network and their strategic insight on how to succeed in web3,” says Jonathan Low, CEO and founder of Biptap. 

According to Kumar, founders who work with The Redacted Fund can expect support not just in the form of capital, but also tokenomics. Redacted will allocate a portion of its upcoming RDAC Token to The Redacted Fund’s portfolio companies. The token serves as additional incentives for portfolio companies to catalyse growth, as well as validation of product market fit as they leverage the RDAC Token to refine and iterate their products.

Post-investment, The Redacted Fund will offer portfolio companies in-depth go-to market support, drawing on a bench of seasoned advisors across web2 and web3. The Redacted Fund advisors include Kevin Henrikson, seasoned entrepreneur with multiple +$100M exits to Yahoo! and Microsoft, partner at Saison Capital Qin En Looi, Expert Dojo co-founder Brian Mac Mahon and Frekaz Group co-founders Frederic Bonelli and Sarah De Lima, whose funds collectively manage over $250M AUM and invested in more than 500 companies. 

“Saison Capital was the first institutional investor in Redacted, and we have seen the team excel in their distribution and go-to market. We are excited to productize this capability and offer it to more web3 founders via The Redacted Fund. Critically, founders now can lean on The Redacted Fund’s proven execution ability and battle-hardened experience to stand out in an increasingly competitive and noisy environment,” said Qin En Looi, Partner at Saison Capital 

The Redacted Fund is focused on enabling strong web3 founders with early seed stage start-ups who already have built products, and are looking for funding, strategic advisory, and go-to-market strategy. Cheque size opportunities may be up to $250K. 

Redacted positions itself as an entertainment datasphere, driven by AI and powered by blockchain.  It is powered by its native and upcoming RDAC Token to offer enhanced user experiences and targeted commercial opportunities for web3 companies and dApps. Backed by global web3 team PG Group, Redacted has already secured more than $10 million in funding from prominent investors and web3 founders, including Animoca Brands, Spartan Group, Saison Capital, Polygon Ventures, Dingaling, and Yat Siu.