# Media in Cooperation and Transition gGmbH

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/media-in-cooperation-and-transition-ggmbh

- Industry: Media
- Headquarters: Berlin, Germany
- Website: www.mict-international.org
- Total disclosed funding: $0.7M
- Latest round: Seed (Aug 2, 2019)
- Investors on record: 2

## About

Media in Cooperation and Transition (MiCT) specializes in supporting media professionals in conflict zones, enhancing media literacy, and fostering social cohesion through targeted programs and fellowships.Founded in 2018 and headquartered in Berlin, Germany, Media in Cooperation and Transition (MiCT) focuses on providing support to media professionals in regions affected by conflict. The organization aims to assist journalists from countries such as Afghanistan, Libya, Myanmar, Sudan, and Ukraine. Pierre Johnson, the founder, has a background in media development and has been instrumental in launching initiatives that address the specific needs of journalists during crises. MiCT has raised a total of INR 50 million in Seed funding from investors including Lightspeed Venture Partners and Times Internet, securing its position as a key player in this sector.Media in Cooperation and Transition (MiCT) offers services designed to assist media professionals in conflict-affected areas and promote media literacy. Its core offerings include fellowships that provide support to journalists facing urgent crises, and programs aimed at protecting at-risk journalists in regions like Iraq, Syria, and Lebanon. Additionally, MiCT conducts research on the relationship between media and conflict, striving to enhance the skills of media professionals in transitional societies, particularly in the Middle East and Africa.MiCT generates revenue through partnerships with international organizations, foundations, and government entities that promote media development and freedom of expression. The organization primarily relies on project-based grants for specific initiatives, such as fellowships and training programs. This funding model allows MiCT to provide essential services like legal support to journalists facing threats in conflict areas, aligning its financial structure with its mission-driven approach to media support.Following its latest funding round in August 2019, where Media in Cooperation and Transition gGmbH raised INR 50 million, the organization plans to expand its offerings and reach. Upcoming initiatives include the launch of new fellowships aimed at addressing the evolving needs of journalists in crisis regions. MiCT is also looking to enter new markets, with a focus on expanding its programs into additional countries in the Middle East and Africa by 2024. The recent funding will be utilized to support these growth initiatives and enhance the organization's capacity to assist media professionals in conflict zones.

## Funding rounds

- Seed, Aug 2, 2019, $0.7M — Lightspeed Venture Partners, Times Internet Limited

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Times Internet Limited — Seed