Media Development Investment Fund

Established in 1995, Media Development Investment Fund is a not-for-profit organization that provides affordable financing and technical assistance to independent media businesses in countries with historical media oppression. It aims to support sustainable journalism by investing in over 150 clients across 48 countries, with a current portfolio of $118.4 million.

Harlan Mandel JD

CEO and Board Member

Marie Nemcova

COO

37 past transactions

Egab

Pre Seed Round in 2025
Egab empowers local journalists by providing a digital platform that enables them to create profiles and publish their news, articles, and stories in reputable regional and international media outlets.

Hukumonline.com

Series B in 2024
Founded during Indonesia's reform era, Hukumonline.com is a regulatory technology company that provides comprehensive, integrated legal products and services. It aims to educate and inform the public about Indonesian law, policies, and regulations, serving companies, law firms, and government agencies with concise analysis in English and Indonesian.

The Current

Venture Round in 2023
The Current is a Pakistani digital media company, established in 2016, specializing in delivering news and lifestyle content tailored to millennials. It offers a user-friendly platform that covers politics, entertainment, and lifestyle news, providing real-time updates and in-depth analysis to foster informed public discourse.

PumaPodcast

Venture Round in 2023
PumaPodcast, based in the Philippines, is a production company specializing in podcast creation. With over 40 shows, it caters to a wide range of interests in the Southeast Asian podcast industry, from informative news and in-depth documentaries to entertaining lifestyle topics, keeping listeners engaged and informed.

Hashtag Our Stories

Venture Round in 2023
Hashtag Our Stories is an international mobile journalism network based in Durban, South Africa, founded in 2017. The company specializes in creating and publishing vertical video stories on social media platforms, emphasizing diverse narratives that highlight local solutions to global challenges. It aims to address the perceived shortcomings of traditional news media, which often lacks diversity and focuses on negative themes, by promoting positive, impactful storytelling through mobile devices. By empowering individuals to share their stories in various languages, Hashtag Our Stories fosters a unique approach to news dissemination and engagement.

Dataphyte

Venture Round in 2021
Dataphyte is a media and data analytics company focused on leveraging data tools and technology for socio-economic purposes. It specializes in the collection, analysis, and visualization of development data, offering products and services that include data journalism and data-driven investigations. By providing insightful narratives, Dataphyte assists both public and private sectors in generating value from data and socio-economic insights. This enables clients, including policymakers and citizens, to make informed decisions and promote effective policy changes.

Zitamar News

Venture Round in 2021
Zitamar News is a Mozambican media company that operates an English-language investigative news website and newsletter. It provides multi-category news coverage, focusing on politics, economy, oil and gas, infrastructure, metals and minerals, electricity, and transport. Additionally, it produces audio news bulletins to reach underserved regions, ensuring daily access to breaking news and analysis for its readers.

Datasketch

Pre Seed Round in 2021
Datasketch is a platform specializing in data science. It offers tools for uploading, publishing, and analyzing data, along with features for data cleansing, analysis, visualization, and governance. The company aims to promote transparency and reduce social inequality by democratizing data science.

Petit Press

Venture Round in 2021
Petit Press is a prominent publishing house based in Slovakia. It offers a diverse range of multimedia products and services, including over 30 central and regional printed publications with weekly sales exceeding 545,000 copies. The company's digital presence is notable, particularly through SME.sk, one of the country's most visited news portals with nearly 2.3 million monthly visitors.

Insajder

Debt Financing in 2021
Insajder is a multimedia platform that operates a cable television channel dedicated to producing and broadcasting current information and documentary programs. As the company matures, it is embarking on an ambitious project to expand its offerings by developing various media platforms in addition to its cable channel. This strategic direction reflects Insajder's commitment to delivering comprehensive and engaging content to its audience.

Colab.re

Venture Round in 2020
Colab.re is a citizen-to-government engagement platform founded in 2012 and headquartered in Sao Paulo, Brazil. The company facilitates social interaction among citizens to report daily urban issues, suggest improvements, and evaluate public services. In addition, it provides governments with a freemium customer relationship management and workflow management tool. As of March 2016, Colab.re has over 150,000 users in Brazil and serves more than 100 clients, including municipalities, state governments, federal departments, and utility companies. The company's mission is to foster collaboration between citizens and government in order to create better urban environments.

Colab

Venture Round in 2020
Colab is a citizen-to-government engagement platform that offers a social network for citizens focused on public and governmnet services.

Josh Talks

Seed Round in 2020
Josh Talks operates a regional content distribution platform that creates and curates short talks and videos on entrepreneurship, sports, arts, activism, and social topics, with content available in multiple Indian languages. Founded in 2015 and headquartered in Gurugram, India, with an office in Dhaka, Bangladesh, it targets youth aged 16-25 in Tier 2–4 cities to raise aspirations and connect them with relatable role models. The company runs the Josh Talks English Speaking app to help Bharat youth practice English, which has achieved strong engagement and retention. As of December 2022, its content accumulated 2.5+ billion lifetime views and about 180+ million monthly views, with the app recording over 5 million downloads and more than 300,000 paid users who spent over 95 million minutes practicing. Josh Talks partners with global brands to scale impact and advance SDG-aligned outcomes across India.

Hukumonline.com

Series A in 2020
Founded during Indonesia's reform era, Hukumonline.com is a regulatory technology company that provides comprehensive, integrated legal products and services. It aims to educate and inform the public about Indonesian law, policies, and regulations, serving companies, law firms, and government agencies with concise analysis in English and Indonesian.

MyNews

Seed Round in 2020
MyNews is a journalism channel that brings information and a diversity of ideas to its audience. They create more programs and debates related to the economy, culture, and politics. They provide context and quality information for presenting and discussing ideas.

Food For Mzansi

Seed Round in 2020
Food For Mzansi's mission is to tell the untold stories of the people work hard every day to put food on everyone's plate.

Red Accion

Seed Round in 2019
Red Accion is a digital media outlet covering social issues, focuses on solutions journalism and gives importance to citizen participation.

Daily Maverick

Grant in 2018
The Daily Maverick is an online newspaper based in Johannesburg, South Africa, launched in 2009. It provides a comprehensive blend of news, analysis, and opinions across various sections, including Wired World, Africa, South Africa, business, life, and sports. The publication focuses on delivering information relevant to business, investing, technology, entrepreneurship, and leadership, while also catering to an affluent lifestyle. Through its offerings, which include newsletters and opinion pieces, the Daily Maverick aims to engage readers with insightful content and diverse perspectives.

Katadata

Venture Round in 2018
Katadata Indonesia, PT is an online media and research company based in Jakarta, Indonesia, dedicated to providing comprehensive economic and business news. Established in 2012, the platform serves as a valuable resource for business leaders and policymakers by delivering in-depth analyses and investigations. Katadata focuses on presenting information in a clear and engaging manner, utilizing various formats such as infographics and videos to enhance public understanding. The company's approach aims to simplify complex topics while maintaining their essential details, reflecting its commitment to clarity and accessibility. The team at Katadata consists of experienced journalists and researchers specializing in areas such as energy, finance, macroeconomics, commerce, and infrastructure. As internet and mobile usage in Indonesia continues to grow, Katadata positions itself as a key player in the dissemination of economic and financial information.

Mail & Guardian

Acquisition in 2017
Mail & Guardian is an online newspaper founded in 1994 and based in Johannesburg, South Africa. It offers a comprehensive platform for local and international news, covering various categories such as opinion, arts and culture, business, politics, special reports, science and technology, and education. The publication operates on a subscription basis, providing readers with insightful articles and updates on diverse topics, including sports and health. Under the editorial leadership of Chris Roper, Mail & Guardian is committed to delivering high-quality journalism that informs and engages its audience regarding current events and issues worldwide.

Suara

Seed Round in 2017
Suara is a news portal offering comprehensive coverage of political events, business, law, sports, entertainment, lifestyle, automotive, science, and technology. It encourages citizen journalism, providing users with unbiased and accurate information.

Katadata

Venture Round in 2017
Katadata Indonesia, PT is an online media and research company based in Jakarta, Indonesia, dedicated to providing comprehensive economic and business news. Established in 2012, the platform serves as a valuable resource for business leaders and policymakers by delivering in-depth analyses and investigations. Katadata focuses on presenting information in a clear and engaging manner, utilizing various formats such as infographics and videos to enhance public understanding. The company's approach aims to simplify complex topics while maintaining their essential details, reflecting its commitment to clarity and accessibility. The team at Katadata consists of experienced journalists and researchers specializing in areas such as energy, finance, macroeconomics, commerce, and infrastructure. As internet and mobile usage in Indonesia continues to grow, Katadata positions itself as a key player in the dissemination of economic and financial information.

Colab.re

Series A in 2017
Colab.re is a citizen-to-government engagement platform founded in 2012 and headquartered in Sao Paulo, Brazil. The company facilitates social interaction among citizens to report daily urban issues, suggest improvements, and evaluate public services. In addition, it provides governments with a freemium customer relationship management and workflow management tool. As of March 2016, Colab.re has over 150,000 users in Brazil and serves more than 100 clients, including municipalities, state governments, federal departments, and utility companies. The company's mission is to foster collaboration between citizens and government in order to create better urban environments.

Volume

Venture Round in 2017
Volume provides concept development, narration, scripting theme music, scoring, editing, and mastering services. They also offer multimedia packaging for social and web platforms, as well as podcast promotion through podcast players and apps.

Rappler

Venture Round in 2016
Founded in 2012, Rappler operates a social news network that inspires community engagement and encourages digitally fueled actions for social change. It offers uncompromised journalism to spark smart conversations and ignite change.

Agora S.A.

Post in 2016
Agora S.A. is a Polish media company that publishes Gazeta Wyborcza, the country's largest opinion‑forming newspaper, along with several glossy magazines. Its products extend to digital platforms, providing complementary content to its print offerings.

Colab.re

Convertible Note in 2015
Colab.re is a citizen-to-government engagement platform founded in 2012 and headquartered in Sao Paulo, Brazil. The company facilitates social interaction among citizens to report daily urban issues, suggest improvements, and evaluate public services. In addition, it provides governments with a freemium customer relationship management and workflow management tool. As of March 2016, Colab.re has over 150,000 users in Brazil and serves more than 100 clients, including municipalities, state governments, federal departments, and utility companies. The company's mission is to foster collaboration between citizens and government in order to create better urban environments.

Thabure Media Group

Seed Round in 2015
Thabure Media Group is a multifaceted media company that focuses on printing and publishing a variety of materials, including newspapers in both tabloid and broadsheet formats, retail promotional pamphlets, corporate newsletters, and specialized supplements covering topics such as property, travel, and the economy. In addition to its publishing services, Thabure also offers freight and delivery solutions, as well as advertising services. The company aims to serve as an advocate for an open society by providing information that keeps the public informed, educated, and entertained.

El Meme

Seed Round in 2014
El Meme is a news and entertainment outlet based in Argentina, established in 2014. The company specializes in identifying and monitoring trends to enhance understanding of global events and their relevance to audiences. It boasts a network of over 10,000 digital creative professionals, including writers, filmmakers, and communication experts. El Meme reaches an audience of more than 30 million young millennials across the United States, Mexico, Colombia, Chile, and Argentina each month. The company provides digital content production services, including content marketing and native advertising, while also focusing on targeted audience distribution through programmatic buying and social media platforms.

GkillCity

Seed Round in 2014
GKillCity is a digital, countercultural citizens’ communication project. It was founded in 2011, in Guayaquil, and 152 editions have been published since, with contributions of over 290 collaborators from all over the world. New media in Ecuador is almost unexplored, and Gkillcity.com wants become the iconic digital media of Ecuador. It aims to create more audio content and mobile applications, and also make use of digital TV channels.

Scroll

Seed Round in 2014
Scroll Media Inc. is a digital publishing company based in Cambridge, Massachusetts, that specializes in delivering news, information, and entertainment. Founded in 2009, Scroll provides a platform for journalists and readers, focusing on critical perspectives and rigorous reporting of significant political and cultural stories. The company offers a newsfeed that highlights essential events and issues, catering to a global audience through various digital formats, including mobile devices and tablets. By emphasizing objective analysis and comprehensive coverage, Scroll aims to keep its readers informed on daily developments and crises across multiple sectors.

Outernet

Seed Round in 2014
Outernet will utilize a constellation of low-cost, miniature satellites and existing satellite infrastructure in geostationary orbit. In both cases, satellites receive content from the web through a network of ground stations which uplink content that the community has collectively requested. The data packets are broadcast in loops so that poor signal quality does not prevent continuous updating of content. In order to serve the widest possible audience, Outernet utilizes globally-accepted, standards-based protocols, such as DVB-S, WiFi, and USSD. Citizens from all over the world, through SMS and feature-phone apps, will participate in building the information priority list. Users of Outernet's website also make suggestions for content to broadcast.

Everwrite

Venture Round in 2013
EverWrite is a company founded in 2011 by Diego Tulio Tomaz Gomes and Edmar Ferreira, based in Belo Horizonte, Brazil. It specializes in providing tools that enhance the findability of online content and improve return on investment for publishers. EverWrite employs a statistical approach to content production, analyzing millions of search terms daily to identify keyword opportunities that align with user search behavior. This workflow enables publishers to create content that ranks highly on search engines, particularly Google's first page, thereby attracting significant organic search traffic and maintaining an effective content strategy.

PT Digital Era Baru Nusantara [PortalKBR.com]

Venture Round in 2013
PT Digital Era Baru Nusantara provides news services. They provide services for media production, broadcast, and online journalism. An online inquiry form is available on the company's website.

Agrobook

Venture Round in 2012
Agrobook is a developer of an agribusiness platform that serves the agricultural industry in Russia. The company provides an online professional network that facilitates discussions on topics such as profitable selling and buying within the farming community. Agrobook offers valuable resources, including background information on agricultural companies and institutions, enabling farmers and entrepreneurs to stay informed about important industry events. Through its platform, Agrobook aims to enhance communication and knowledge sharing among its users, ultimately supporting the growth and development of the agricultural sector.

Everwrite

Seed Round in 2012
EverWrite is a company founded in 2011 by Diego Tulio Tomaz Gomes and Edmar Ferreira, based in Belo Horizonte, Brazil. It specializes in providing tools that enhance the findability of online content and improve return on investment for publishers. EverWrite employs a statistical approach to content production, analyzing millions of search terms daily to identify keyword opportunities that align with user search behavior. This workflow enables publishers to create content that ranks highly on search engines, particularly Google's first page, thereby attracting significant organic search traffic and maintaining an effective content strategy.

FeedGeorge

Venture Round in 2012
Feedgeorge is a location-based content aggregator based in Kuala Lumpur.
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