Media Development Investment Fund

Media Development Investment Fund is a not-for-profit venture capital firm based in New York City, established in 1995. The organization focuses on providing debt and equity financing to independent media businesses in regions with a history of media oppression. By offering affordable financing and technical assistance, it aims to help independent news outlets develop sustainable operations centered on quality news and information. Since its inception, the fund has disbursed over $325.5 million in financing, encompassing loans, equity investments, and technical assistance. It has supported 154 clients across 48 countries, and by the end of December 2024, it managed a portfolio valued at $118.4 million, allocated among 65 media enterprises in 36 countries.

Kevin Brockland

Principal Investment Officer

Harlan Mandel JD

CEO and Board Member

Marie Nemcova

COO

Past deals in Publishing

Egab

Pre Seed Round in 2025
Egab specializes in solutions journalism by empowering local journalists through its digital media platform. The company enables these journalists to create profiles and publish news articles and stories in both regional and international media outlets. By facilitating this process, Egab helps local journalists reach global audiences and share inspiring stories, ultimately enhancing the visibility and impact of their work.

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, aiming to educate and engage listeners.

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, focusing on politics, economy, oil and gas, infrastructure, metals and minerals, electricity, and transport. Additionally, it produces audio news bulletins, ensuring access to daily breaking news and analysis for readers, particularly in underserved regions.

Petit Press

Venture Round in 2021
Petit Press is a prominent publishing agency based in Bratislava, Slovakia, known for its extensive portfolio of multimedia products and services. The company publishes over 30 central and regional periodicals, achieving a weekly sales volume exceeding 545,000 copies. In addition to its print offerings, Petit Press operates SME.sk, the country's most visited news portal, attracting nearly 2.3 million visitors each month. Through its diverse range of printed and digital media, Petit Press delivers timely news and information to its audience, reinforcing its significant presence in the Slovak media landscape.

Agora SA

Post in 2016
Agora is the publisher of "Gazeta Wyborcza" - the largest Polish opinion-forming newspapers and several glossy magazines. Their products complement media websites.

Thabure Media Group

Seed Round in 2015
Thabure Media Group is a multifaceted media company that focuses on printing and publishing news, alongside offering freight and delivery services and advertising solutions. The company specializes in producing a variety of printed materials, including newspapers in both tabloid and broadsheet formats, as well as retail promotional pamphlets, corporate newsletters, and special supplements covering topics such as property, travel, and the economy. Through its diverse offerings, Thabure Media Group aims to keep its customers informed, educated, and entertained, while also advocating for an open society.

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.

Everwrite

Venture Round in 2013
EverWrite is a Brazilian company founded in 2011 by Diego Tulio Tomaz Gomes and Edmar Ferreira, based in Belo Horizonte. The company specializes in tools that enhance online content findability and return on investment (ROI) for publishers. By employing a statistical approach to content production, EverWrite analyzes millions of search terms daily to identify keyword opportunities, enabling users to create content that aligns with user searches. This methodology not only aids in producing content that is more likely to rank on Google's first page but also helps maintain a consistent content strategy that drives substantial organic search traffic.

Everwrite

Seed Round in 2012
EverWrite is a Brazilian company founded in 2011 by Diego Tulio Tomaz Gomes and Edmar Ferreira, based in Belo Horizonte. The company specializes in tools that enhance online content findability and return on investment (ROI) for publishers. By employing a statistical approach to content production, EverWrite analyzes millions of search terms daily to identify keyword opportunities, enabling users to create content that aligns with user searches. This methodology not only aids in producing content that is more likely to rank on Google's first page but also helps maintain a consistent content strategy that drives substantial organic search traffic.
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