Media DevelopmentInvestment Fund
VC · New York (United States)
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About
Digital News Ventures is the endowment arm of Media Development Investment Fund (previously Media Development Loan fund). It is a venture capital firm specializing in seed/startup, early stage, and early venture investments. The firm seeks to invest in news and information, news and publicity services, including the platforms, tools and services required by news businesses. In particular it focuses on innovative business models for producing credible news and information; tools that help the editorial and content-creation process, editorial and support services; products that contribute to the viability of news operations; platforms that generate and disseminate data and information constructed by the public; services that help make sense of the onslaught of online information, including reporting on the social web; and viable, independent digital news outlets, especially in frontier markets. It invests globally. The firm typically invests between $0.03 million and $0.3 million in experimental digital projects. It prefers to invest in projects located in, or with particular application to, emerging and frontier markets. Digital News Ventures is based in New York, New York with additional offices in Prague, Czech Republic; and Moscow, Russian Federation.
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