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      Redemption Games's Logo

      Redemption Games - Undisclosed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      March 7, 2023

      Financing amount

      $7M

      Valuation

      --

      Category

      Web3

      Subcategory

      AI Gaming

      About Redemption Games - Undisclosed

      Redemption Games has spun out of AppLovin and it has raised a new round of $7 million led by Play Ventures as an independent game studio. Additional investors included BITKRAFT, Merit Circle DAO, OrangeDAO, and a few game industry friends.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Singapore 2018 34 --
      Fund United States of America 2017 55 --
      Fund Netherlands 2021 52 --
      DAO -- -- 50 --

      Founders & Team

      Michael Witz's Logo

      Michael Witz

      Dan Lin's Logo

      Dan Lin

      Company Profile / Project Introduction

      Redemption Games is working on new games that are looking to bring emerging technologies to the mass market, including a new approach to digital collectibles and AI. Blockchain technology is part of the overall solution the company wants to deliver. Redemption Games, Inc. was started in the Summer of 2015 by Michael Witz and Dan Lin, two friends who have a long history of starting companies and building products that millions of people love. The company focuses on free-to-play gaming first, and its games will be available to players whether they are blockchain users or not. For those players, reducing the friction to play is paramount. But Redemption Games may add Web3 elements for the players that want that kind of experience where they can trade the assets they have purchased.

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      *Fundraising Announcement: Click here