News

JIC Venture Growth Investments (VGI) has acquired shares in SmartNews, Inc. (SmartNews), the global leader in redefining information and news discovery, through its JIC Venture Growth Fund 1 (VGF1).

SmartNews is redefining the way its users discover and engage with information by supporting diverse, quality journalistic sources, and serving them a wide variety of timely and relevant content that helps improve their daily lives.

VGI agrees with SmartNews’s mission, which is in part to help people to break free of their filter bubbles and empower them to stay engaged with a rich and diverse set of information by combating fake news, misinformation, and echo chambers. In addition, VGI believes that SmartNews’s efforts to foster trust in journalism by partnering with a full range of validated publishers with a track-record of integrity will help contribute to an environment that will elevate quality content.

SmartNews will employ this financing to grow their business and to contribute to shaping a better future for quality journalism and exceptional information delivery on a global scale.

^{The information contained in this notice is current at the time of publication and subject to change without notice.}