Digital News Ventures (MDIF Fund)

About

Digital News Ventures was an early-stage fund for digital news and information businesses run by MDIF. The fund is now closed.

New York,New York,United States
http://www.mdif.org/our-approach/digital-news-ventures

Highlights

Details

Industries: Advertising,Financial Services,Venture Capital
Founded date: Jan 1, 1995
Operating Status: Close
Also Known As: News Digital Ventures
Investor Type: MVC,Venture Capital

Digital News Ventures makes seed investments in news and information start-ups

We foster innovation in the creation of useful news and information. We invest in entrepreneurs who are creating the platforms, tools and services that news businesses need to be viable in the digital age. See some of our portfolio businesses here.

MDIF has long been active in the digital media space. We have financed some of the most respected and successful online news sites in the developing world, including Malaysiakini.com and South Africa’s M&G Online. Digital News Ventures is the next evolution of our investment strategy. It extends the scope of our activity beyond media companies to include platforms, tools, and services that news businesses need to be viable in the digital age.

Investments

Number of Investments

Number of Lead Investments

8

0

Digital News Ventures (MDIF Fund) has made 8 investments. Their most recent investment was on Apr 2, 2021, when Localized raised $2.20M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Apr 2, 2021 Localized	Seed	$2.20M	College Recruiting	—
Sep 9, 2014 El Cambur	Seed	$75K	Digital Media	—
Sep 1, 2014 El Meme	Seed	$75K	Advertising	—
Aug 5, 2014 GkillCity	Seed	$75K	Audio	—
Apr 2, 2013 Versa	Seed	$1.30M	Advertising	—