Media Development Investment Fund
Impact investorNew York · Seed–Growth · 60 people tracked
Also known as MEDIA DEVELOPMENT INVESTMENT FUND, INC.
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Investment thesis
MDIF combines the missions of a human rights organization and an investment fund, providing patient, mission-aligned capital and strategic advice to independent media that deliver diverse news and information. It backs digital news portals, TV stations, journalism data tools and AI-powered products in countries where access to reliable news is under threat, aiming to strengthen free, democratic societies. Its clients grow revenue and reach while informing the public, holding power to account and driving community change. MDIF has roughly 30 years of experience and works with foundations, impact investors and individuals who share its conviction that free, viable and diverse media are essential to democracy.
Source: firm website, verified Sep 29, 2026.
Team · 60 people
from the firm's website & curatedFounder mafia
3 people who came through Media Development Investment Fund went on to found or lead other companies.
What they invest in
from 10 of 14 portfolio companiesMedia & Entertainment ×8Creator Economy ×2AgTech ×1AI & Machine Learning ×1Consumer ×1EdTech ×1Fintech ×1GovTech ×1
HQs:United States×2South Africa×2Brazil×1Indonesia×1India×1Jordan×1
Investments · 14 tracked
founders shown can be your intro pathAviary provides AI solutions for financial institutions and their customers, focusing on cost reduction, time savings, and engagement improvement in banking services.
AI & Machine LearningFintechSaaSChicago, US
Blesson Abraham(Founder)inJay Patel(Founder)inJustin Dwyer(Co-founder/COO)inJulian Allen(Co-founder/CDO)in
Co-investorsY CombinatorBuilders VCDavidovs Venture CollectiveGoodwater CapitalSandhill (ex Stonks)
DM168 is Daily Maverick's weekly print newspaper featuring accountability journalism, business analysis, culture, sports, and puzzle content.
Media & EntertainmentJohannesburg, ZA
Branko Brkic(Co-founder)inStyli Charalambous(Co-founder & CEO)in
Food For Mzansi is a South African agriculture-focused media publication that reports stories highlighting the people and communities in the country's farming sector.
AgTechMedia & Entertainment
Josh Talks is an Indian regional content and upskilling platform that shares inspiring stories and delivers skill-development training, including via its Josh Skills mobile app with peer-to-peer calling.
ConsumerCreator EconomyEdTechMedia & Entertainment
Co-investorsAnkur CapitalBetter CapitalThrive Capital
Katadata is an Indonesian online news outlet covering economics, business, and financial markets, publishing news articles, data analysis, and infographics.
Media & Entertainment
Co-investorsEast Ventures
Malaysiakini is a news outlet publishing political, social, and current-affairs journalism focused on Malaysia.
Media & Entertainment
Petit Press is a Slovak media company that operates SME.sk, the most-visited news portal in Slovakia, and publishes a diverse portfolio including 35 print newspapers and magazines, podcasts, and conferences.
Media & EntertainmentSlovakia, SK
Rappler is a news and media organization focused on investigative journalism and digital reporting.
Media & EntertainmentSocialManila, PH
Co-investorsNorth Base MediaOmidyar Network
Cambridge, US
Samir Patil(Executive Officer, Director)in
BoardCV Madhukar(Director)
Co-investorsOmidyar Network
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Kanal 77Telegram Media GroupZYX Publishing Group
Portfolio news
latest coverage across their companies
Daily Maverick · ua.news · Sep 8, 2026
Frequently asked questions
- How many investments has Media Development Investment Fund made?
- Media Development Investment Fund has 14 tracked investments.
- What stage does Media Development Investment Fund invest at?
- Media Development Investment Fund invests at the Seed, Series A, Growth stages.
- What sectors does Media Development Investment Fund focus on?
- Media Development Investment Fund focuses on AI & Machine Learning, Impact & Social Good, Media & Entertainment.
- Where is Media Development Investment Fund located?
- Media Development Investment Fund is headquartered in New York, US.
- Does Media Development Investment Fund lead rounds?
- Yes, Media Development Investment Fund leads investment rounds.
- Who does Media Development Investment Fund co-invest with?
- Media Development Investment Fund most often shares deals with Ankur Capital, Better Capital, North Base Media, among 4 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInvestor Connect - 372 - Harlan Mandel of Media Development Investment Fund
Hall Martin · Harlan Mandel
Images
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